TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 7, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the highest temperature recorded at the Sao Paulo-Guarulhos International Airport Station in degrees Celsius on 7 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 Sao Paulo-Guarulhos International Airport Station, available here: https://www.wunderground.com/history/daily/br/guarulhos/SBGR. 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 Sao Paulo-Guarulhos International Airport Station in degrees Celsius on 7 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 Sao Paulo-Guarulhos International Airport Station, available here: https://www.wunderground.com/history/daily/br/guarulhos/SBGR. 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 analyst forecasts because traders incorporate real-time data, model uncertainty, and their own risk assessments into prices. While meteorologists issue point estimates and confidence intervals based on numerical weather models, this market aggregates the beliefs of many participants with financial incentives to be accurate. Comparing the leading outcome odds to published forecasts from Brazil's national weather service or international models can reveal where the crowd sees asymmetric risk—for instance, if traders price a hotter outcome higher than models suggest, it may signal concern about model bias or tail-risk scenarios.
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 bracket has its own share price, ranging from 0 to 1, and the sum of all outcome prices equals 1—so a price of 0.35 for a given range implies a 35% implied probability. As traders place orders, the AMM adjusts prices to maintain liquidity, and the current market price reflects the marginal trader's valuation at any moment. This continuous pricing mechanism ensures you can enter or exit positions throughout the market's lifetime.
This market resolves around Jul 7, 2026, once the highest temperature recorded in São Paulo on July 7 is verifiable from credible public sources. The outcome is determined by comparing the final recorded high temperature against the predefined brackets offered in the market. Once the event occurs and the data is confirmed, Polymarket will settle all shares according to which bracket the actual temperature falls into, and traders holding the winning outcome receive their payout.
Major weather model updates, especially from international forecasting centers, typically drive significant price swings in this market. Seasonal climate anomalies, El Niño or La Niña patterns, and real-time atmospheric pressure systems over South America can shift trader expectations. Additionally, historical temperature records for early July in São Paulo and any unusual heat waves in the Southern Hemisphere winter-to-spring transition may prompt repricing. News of urban heat island effects or infrastructure changes affecting measurement stations could also influence odds as traders reassess baseline assumptions about the city's typical July temperatures.