TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 27, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the King Abdulaziz International Airport Station in degrees Celsius on 27 Jun '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the King Abdulaziz International Airport Station, available here: https://www.wunderground.com/history/daily/sa/jeddah/OEJN. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
This market will resolve to the temperature range that contains the highest temperature recorded at the King Abdulaziz International Airport Station in degrees Celsius on 27 Jun '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the King Abdulaziz International Airport Station, available here: https://www.wunderground.com/history/daily/sa/jeddah/OEJN. To toggle between Fahrenheit and Celsius, click the gear icon next to the search bar and switch the Temperature setting between °F and °C. This market can not resolve until the first data point for the following date has been published on the resolution source. The resolution source for this market measures temperatures to whole degrees Celsius (eg, 9°C). Thus, this is the level of precision that will be used when resolving the market. Revisions to temperatures recorded within this market's timeframe will be considered until the first datapoint for the following date has been published, after which any alterations will not be considered.
Prediction market odds reflect the collective judgment of traders betting real money, whereas traditional weather forecasts rely on meteorological models and expert analysis. This market aggregates dispersed information from many participants, often surfacing signals that align with or diverge from published forecasts. Comparing the implied probability here to official weather service predictions for June 27 can reveal where traders see additional risk or confidence. Both sources have merit: markets capture dynamic, real-time conviction, while meteorological forecasts provide physics-based modeling.
On Polymarket, traders set the odds through an automated market maker that adjusts prices based on buy and sell pressure. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current implied probability for the top outcome reflects the latest consensus among active participants. As traders place bets on whether the highest temperature will be 29°C or below, the market price moves up or down, with each trade shifting the odds to balance supply and demand. This continuous repricing ensures the market stays responsive to new information.
This market resolves around Jun 27, 2026, once the highest temperature recorded in Jeddah on June 27 is verified against credible public sources. The outcome is determined by comparing actual weather data to the threshold specified in the market contract. Traders holding positions aligned with the final temperature reading will receive payouts, while opposing positions expire worthless. Resolution typically occurs within hours of the event, once official measurements are published and confirmed.
Major weather pattern shifts, seasonal climate anomalies, or updated meteorological forecasts could significantly move prices in this market. Real-time satellite imagery, atmospheric pressure systems, and historical temperature comparisons for late June in Jeddah all influence trader expectations. Breaking news about regional heat waves or unusual cooling patterns may trigger rapid repricing. As June 27 approaches, intraday weather updates and final forecast revisions typically drive the most volatile trading activity, with traders adjusting positions based on the latest data.