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 18, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Qingdao Jiaodong International Airport Station in degrees Celsius on 18 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 Qingdao Jiaodong International Airport Station, available here: https://www.wunderground.com/history/daily/cn/qingdao/ZSQD. 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 Qingdao Jiaodong International Airport Station in degrees Celsius on 18 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 Qingdao Jiaodong International Airport Station, available here: https://www.wunderground.com/history/daily/cn/qingdao/ZSQD. 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 traders incorporate real-time data, model uncertainty, and their own risk assessments. While weather agencies publish deterministic or probabilistic forecasts for Qingdao's June 18 high, this market aggregates distributed trader beliefs into continuous odds. Analysts may emphasize a narrow confidence interval, whereas traders price in tail risks and model disagreement across multiple weather systems. Comparing the market's leading outcome odds to published forecasts reveals whether traders are pricing in more or less extreme temperatures than official predictions suggest, offering a complementary perspective on event likelihood.
On Polymarket, traders buy and sell shares representing different temperature ranges for Qingdao on June 18, with share prices reflecting the implied probability of each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market uses an automated market maker to set prices based on order flow and liquidity depth. As new weather models, satellite data, or seasonal patterns emerge, traders adjust their positions, moving prices up or down. Higher prices indicate greater trader confidence in that temperature range occurring; lower prices suggest skepticism. The continuous pricing mechanism allows real-time discovery of the market's collective forecast.
This market resolves around Jun 18, 2026, once June 18 has passed and the highest temperature recorded in Qingdao can be verified. The outcome is confirmed by comparing the recorded high against the predefined temperature brackets offered in the market. Resolution relies on credible public weather data sources to establish the official daily maximum. Traders holding shares in the correct outcome bracket receive their payout once verification is complete and the market is settled. The exact timing of payout processing depends on Polymarket's standard settlement procedures.
Major weather model updates, tropical storm or typhoon forecasts affecting East Asia, and seasonal climate patterns will drive significant price swings in this market. Real-time atmospheric pressure changes, upper-level wind patterns, and moisture availability over the Yellow Sea can shift trader expectations for Qingdao's June 18 high. Official meteorological alerts or heat advisories issued by Chinese weather authorities may trigger sharp repricing. Historical temperature records for mid-June in Qingdao also serve as anchors for trader positioning. As the event date approaches, intraday weather refinements and short-range model consensus typically increase volatility and narrow the odds around the most likely outcome.