TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 9, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the London City Airport Station in degrees Celsius on 9 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 London City Airport Station, available here: https://www.wunderground.com/history/daily/gb/london/EGLC. 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 on Polymarket reflect real-money incentives and aggregated trader beliefs, often differing from traditional meteorological forecasts issued by the UK Met Office or other weather services. While meteorologists rely on physics-based models and historical data, prediction markets incorporate forward-looking sentiment and incorporate new information rapidly. Comparing the market's implied temperature range to official forecasts released closer to June 9 can reveal whether traders are pricing in more extreme outcomes or are more conservative than professional analysts. This comparison highlights how decentralized markets sometimes diverge from institutional predictions.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, the highest temperature in London on June 9 is priced as a set of outcome contracts, each representing a specific temperature range or threshold. Traders buy and sell shares in each outcome, with the price of a share reflecting the market's collective probability estimate. As traders place orders, the automated market maker adjusts prices to balance supply and demand. The leading outcome typically commands the highest trading activity and clearest price discovery. Prices update continuously throughout the market's lifetime, allowing traders to enter or exit positions based on evolving weather expectations and new meteorological data.
The market resolves at Jun 9, 2026, after the highest temperature in London on June 9 has been recorded and verified. Resolution depends on official temperature data recorded at the designated London weather station. The outcome is determined by comparing the actual peak temperature against the predefined outcome brackets or thresholds specified in the market contract. Once the official reading is confirmed, the winning outcome is settled and traders receive payouts proportional to their holdings in the correct outcome. This ensures that market resolution is tied to an objective, verifiable measurement.
Several factors can shift odds for London's peak temperature on June 9. Updated weather forecasts from the Met Office, particularly those released in the days leading up to June 9, often trigger significant repricing as traders incorporate new model runs. Atmospheric patterns such as high-pressure systems, jet stream positioning, and proximity to continental heat waves can influence expectations. Historical temperature records and seasonal climate anomalies also inform trader positioning. Real-time weather developments, including unexpected frontal systems or urban heat island effects, may move markets closer to the event date. Major climate or weather news can accelerate repricing across the prediction market.