TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
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 Ninoy Aquino International 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 Ninoy Aquino International Airport Station, available here: https://www.wunderground.com/history/daily/ph/manila/RPLL. 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 aggregated trader beliefs about Manila's peak temperature on June 7, often diverging from traditional meteorological forecasts. While weather analysts rely on atmospheric models and historical data, prediction markets incorporate real-time information and trader conviction. Markets may price in uncertainty differently than official forecasts, sometimes leading to wider or narrower confidence intervals. Comparing the two reveals whether traders expect conditions to deviate from baseline meteorological expectations or align closely with expert predictions.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, temperature outcomes are typically structured as discrete ranges or specific thresholds, with each contract representing a possible temperature band. Traders buy and sell shares reflecting their belief in whether the actual high will fall within that range. The price of each outcome contract directly represents the market's implied probability. As new information emerges—weather alerts, seasonal patterns, or real-time atmospheric data—traders adjust positions, moving prices to reflect updated consensus about Manila's June 7 temperature.
The market resolves on Jun 7, 2026, after the highest temperature in Manila on June 7 has been recorded. Resolution depends on identifying the actual peak temperature observed in Manila that day. The outcome is determined by official meteorological data sources, ensuring an objective, verifiable result. Once the temperature is confirmed, the winning outcome contract is settled and traders receive payouts proportional to their positions. Early resolution is not typical unless data becomes available ahead of the standard settlement window.
Weather forecasts and tropical weather alerts are primary drivers of price movement. Approaching typhoons, monsoon patterns, or heat waves could shift trader expectations significantly. Real-time atmospheric data, sea surface temperatures, and seasonal climate anomalies influence market sentiment. News of weather disruptions or unusual atmospheric conditions in the Philippines region may trigger repricing. As June 7 approaches, updated meteorological models and official weather warnings become increasingly influential, causing traders to adjust positions based on refined forecasts and emerging climate signals.