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 8, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Munich Airport Station in degrees Celsius on 8 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 Munich Airport Station, available here: https://www.wunderground.com/history/daily/de/munich/EDDM. 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 Munich Airport Station in degrees Celsius on 8 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 Munich Airport Station, available here: https://www.wunderground.com/history/daily/de/munich/EDDM. 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 meteorologist forecasts because they incorporate real-time trader behavior, uncertainty premiums, and market incentives. While weather analysts rely on numerical models and historical data, this market aggregates the views of many participants who have financial skin in the game. Traders may price in tail risks or consensus shifts faster than official forecasts update. Comparing the implied probabilities here to published weather agency predictions for Munich on July 8 can reveal where the market sees additional upside or downside risk that traditional models may underweight.
On Polymarket, traders set prices by buying and selling outcome shares in an automated market maker (AMM) system. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each temperature range has its own contract, and the price of each reflects the probability traders assign to that outcome occurring. As new information arrives—weather alerts, model updates, or seasonal patterns—traders adjust their positions, moving prices up or down. The more capital flowing into a particular outcome, the higher its price climbs, creating a dynamic equilibrium that balances supply and demand in real time.
This market resolves around Jul 8, 2026, after July 8 has passed and the actual peak temperature in Munich can be verified. The outcome is determined by comparing the recorded high temperature against the outcome ranges defined in the market. Once credible public weather data confirms the result, the winning shares are paid out and losing shares expire worthless. Traders who correctly predicted the temperature range lock in their profits, while those on the wrong side of the trade absorb losses.
Major weather model updates, seasonal anomalies, and heat wave alerts will drive significant price swings in this market. If meteorological agencies issue warnings of unseasonable warmth or cold fronts approaching Munich, traders will reprrice their positions accordingly. Long-range forecasts, atmospheric pressure systems, and even broader European weather patterns can shift expectations. Additionally, as July 8 approaches, intraday forecasts become more precise, typically reducing uncertainty and tightening the market. Real-time weather developments in the days leading up to the event are likely to be the strongest catalysts for volatility.