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: Jul 9, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Chaudhary Charan Singh Intl Airport Station in degrees Celsius on 9 Jul '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 Chaudhary Charan Singh Intl Airport Station, available here: https://www.wunderground.com/history/daily/in/lucknow/VILK. 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 Chaudhary Charan Singh Intl Airport Station in degrees Celsius on 9 Jul '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 Chaudhary Charan Singh Intl Airport Station, available here: https://www.wunderground.com/history/daily/in/lucknow/VILK. 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 often diverge from traditional weather forecasts because they reflect real-money incentives and crowd wisdom rather than a single model's output. While meteorological agencies publish deterministic temperature ranges based on atmospheric science, this market aggregates the collective judgment of traders who profit or lose based on accuracy. Analyst forecasts tend to be more conservative and model-driven, whereas prediction markets can react faster to emerging data and incorporate tail-risk pricing. Comparing the two reveals whether the crowd is pricing in more extreme outcomes than official forecasters expect, offering insight into market confidence and potential blind spots in consensus predictions.
On Polymarket, this market is priced through an automated market maker that sets odds based on the ratio of shares bought and sold for each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders purchase shares representing "yes" or "no" positions on temperature thresholds, and the price of each share fluctuates as trading volume shifts the pool balance. Higher demand for a particular outcome raises its implied probability, while lower demand reduces it. The continuous pricing mechanism ensures liquidity and allows participants to enter or exit positions at transparent, real-time rates throughout the trading window.
This market resolves around Jul 9, 2026, once the highest temperature recorded in Lucknow on July 9 is verified against credible public sources. The outcome is determined by comparing the actual peak temperature to the threshold specified in the market's outcome categories. Resolution typically occurs within hours of the close of the trading day, after meteorological data has been finalized and confirmed. Traders' positions are settled based on which outcome bracket the verified temperature falls into, with winnings distributed proportionally to those who held the correct shares.
Major weather pattern shifts, monsoon intensity changes, and updated forecast models from meteorological agencies can significantly move this market. Real-time satellite imagery, atmospheric pressure readings, and humidity data released by India's weather service often trigger repricing as traders reassess the likelihood of extreme heat. Unexpected heat waves or cooler-than-normal systems in the region would shift odds sharply. Additionally, historical temperature records for Lucknow on July 9 and broader climate anomalies can influence trader positioning. Late-breaking weather alerts and model consensus updates in the final days before the event typically generate the most volatile price swings.