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 26, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Marcos A. Gelabert Intl Airport Station in degrees Celsius on 26 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 Marcos A. Gelabert Intl Airport Station, available here: https://www.wunderground.com/history/daily/pa/panama-city/MPMG. 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 Marcos A. Gelabert Intl Airport Station in degrees Celsius on 26 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 Marcos A. Gelabert Intl Airport Station, available here: https://www.wunderground.com/history/daily/pa/panama-city/MPMG. 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 incorporate real-money incentives and diverse trader expertise. While meteorologists rely on atmospheric models and historical data, this market aggregates the beliefs 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 breaking weather patterns or consensus shifts among informed participants. Comparing the two reveals whether the market is pricing in more optimism or pessimism about extreme heat than official forecasts suggest.
On Polymarket, traders set the odds by buying and selling shares for each temperature outcome, with prices ranging from near zero to near one dollar. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The cost of a share reflects the implied probability that outcome will occur; higher prices mean the market views that temperature range as more likely. As new information arrives—updated weather models, seasonal patterns, or real-time atmospheric data—traders adjust their positions, causing prices to shift. This continuous price discovery process ensures the market remains responsive to changing conditions throughout the countdown to resolution.
This market resolves around Jun 26, 2026, once the highest temperature recorded in Panama City on June 26 is confirmed and verifiable from credible public sources. The outcome is determined by comparing actual recorded temperatures against the predefined brackets offered in the market. Traders who correctly predicted the temperature range receive their payout, while incorrect positions expire worthless. Resolution typically occurs within hours of the close of the trading day, allowing winners to settle their positions promptly.
Several factors can shift odds in this market before Jun 26, 2026. Updated seasonal forecasts and long-range weather models may signal stronger or weaker heat patterns for late June. Real-time atmospheric data, such as high-pressure systems or tropical activity near Central America, can trigger rapid repricing. Climate anomalies, El Niño or La Niña conditions, and historical temperature records for that date all influence trader positioning. Additionally, any unusual weather events or pattern changes in the weeks leading up to June 26 will prompt market participants to reassess their bets on the final temperature outcome.