TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 28, 8:00 AM EST
Polymarket
This market tracks whether London's highest temperature will reach 31°C or above on May 28, 2026. On Polymarket, the leading outcome—temperatures of 31°C or higher—stands at 100.0%, while the secondary outcome of exactly 30°C registers at 0.1%. Resolution will be determined by Weather Underground's historical data from the London City Airport Station. Watch the actual temperature reading on May 28, 2026, as that date will trigger final settlement based on the recorded high.
Prediction market odds reflect collective trader expectations and often incorporate meteorological forecasts, historical weather patterns, and seasonal trends. Unlike traditional analyst forecasts, which rely on individual expertise and models, prediction markets aggregate distributed information through real-money incentives. Traders betting on whether London's highest temperature will reach 31°C or higher are pricing in current atmospheric conditions, jet stream positioning, and long-range weather outlooks. Market odds tend to update faster than static forecasts as new data arrives, making them a dynamic alternative to conventional meteorological predictions.
On Polymarket, the event is priced through the binary outcome: Will the highest temperature in London be 31°C or higher on May 28? On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market reflects trader conviction about whether London will experience a notably warm day, with odds currently reflecting moderate probability. Pricing incorporates seasonal May weather patterns, climate models, and real-time atmospheric data. As traders buy and sell shares, the price adjusts to equilibrate supply and demand, with volume concentrated around the 31°C threshold—a meaningful temperature benchmark for late spring in London.
The market resolves on May 28, 2026, after the highest temperature recorded in London on May 28 is officially confirmed. Resolution hinges on verified meteorological data for that specific date. Traders holding shares in the winning outcome receive their payout once the actual high temperature is measured and compared against the 31°C threshold. The outcome is binary: either London's high reaches 31°C or above, or it remains below that level. Official weather station records determine the final result.
Several factors could shift odds before May 28, 2026. Major weather pattern changes—such as high-pressure systems moving into the UK or Atlantic storm tracks altering—would significantly impact trader expectations. Updated long-range forecasts from meteorological agencies, seasonal climate outlooks, and real-time atmospheric data releases typically trigger price movements. Historical May temperature records and anomalies may also influence sentiment. Additionally, broader climate discussions or unexpected weather events in nearby regions could sway market participants' confidence in whether London will experience above-average warmth on that specific day.