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 7, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Adolfo Suárez Madrid-Barajas Airport Station in degrees Celsius on 7 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 Adolfo Suárez Madrid-Barajas Airport Station, available here: https://www.wunderground.com/history/daily/es/madrid/LEMD. 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 bets from traders worldwide, often incorporating meteorological forecasts alongside broader market sentiment. Professional weather analysts and seasonal climate models typically issue temperature predictions weeks in advance for Madrid in early June. Market odds may diverge from analyst consensus if traders believe official forecasts underestimate or overestimate heat risk, or if recent weather patterns shift expectations. Comparing the two reveals whether the market is pricing in information beyond traditional forecasts.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, this event is priced through outcome shares representing discrete temperature ranges or specific thresholds for Madrid's high on June 7. Traders buy and sell shares at prices reflecting the probability of each outcome. The price of a share directly indicates the market's implied likelihood; higher prices mean traders expect that temperature range to occur. Liquidity and trading volume on each outcome influence how easily traders can enter or exit positions.
The market resolves on Jun 7, 2026, after the highest temperature in Madrid on June 7 has been recorded and verified. The outcome is determined by official meteorological data for that specific date. Once the peak temperature is confirmed, the winning outcome shares are paid out and losing shares expire worthless. Resolution timing ensures all relevant temperature data is available before settlement occurs.
Major weather pattern shifts, including changes to high-pressure systems or Atlantic weather fronts, can significantly move odds. Updated seasonal forecasts from meteorological agencies may raise or lower expected temperatures. Heat waves affecting southern Europe or unusual atmospheric conditions in late May could signal hotter or cooler conditions ahead. Real-time weather model updates in the days before June 7 typically drive the largest price movements as the event date nears and uncertainty narrows.