TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
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 Shanghai Pudong 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 Shanghai Pudong International Airport Station, available here: https://www.wunderground.com/history/daily/cn/shanghai/ZSPD. 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 Shanghai Pudong 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 Shanghai Pudong International Airport Station, available here: https://www.wunderground.com/history/daily/cn/shanghai/ZSPD. 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-time trader conviction and financial incentives. While meteorologists publish deterministic temperature ranges based on atmospheric models, this market aggregates the distributed knowledge of participants who have money at stake. Comparing the odds here to published analyst forecasts reveals whether the crowd is pricing in more or less risk than official models suggest. Both sources offer value: analysts provide scientific rigor, while markets reflect dynamic, incentivized judgment.
On Polymarket, traders set the odds through an automated market maker that adjusts prices based on buy and sell volume. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on a specific temperature outcome, and the current price reflects the probability implied by recent trades. As more capital flows into one outcome, its price rises and the competing outcome falls. This continuous repricing ensures the market remains responsive to new information and trader sentiment shifts right up until resolution.
This market resolves around Jul 7, 2026, once the highest temperature recorded in Shanghai for that day is confirmed and verifiable from credible public sources. The outcome is determined by the actual meteorological reading, not by trader opinion or interim forecasts. Resolution typically occurs within hours of market close, allowing payouts to be processed promptly. Participants should monitor official weather station data as the event date approaches to assess their positions.
Major weather pattern shifts, updated seasonal forecasts, and real-time atmospheric data releases can significantly move odds in this market. Tropical systems, heat waves, or cold fronts affecting East Asia may trigger sharp repricing as traders adjust their bets. Additionally, historical temperature records for July 7 in Shanghai and recent years' heat trends influence trader positioning. As the event date nears, intraday weather updates and satellite imagery often drive final volatility, making the last 48 hours particularly active.