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 4, 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 4 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 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 reflect real-money consensus from traders on Polymarket, while meteorological forecasts from weather agencies and climate analysts rely on atmospheric models and historical data. Markets often incorporate broader information faster than traditional forecasts update, though both sources have distinct strengths. Comparing the market's implied temperature range to official Shanghai weather bureau seasonal forecasts and long-range climate models can reveal where traders diverge from institutional predictions for June 4.
On Polymarket, this event is priced through outcome shares representing different temperature thresholds or ranges for Shanghai's high on June 4. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy and sell shares based on their belief in each outcome, with prices reflecting the collective probability assigned by the market. The platform's automated market maker mechanism ensures continuous liquidity, allowing participants to enter or exit positions at transparent, real-time prices throughout the trading period leading up to resolution.
The market resolves on Jun 4, 2026, after June 4 concludes in Shanghai. Resolution is determined by the official highest temperature recorded in Shanghai on that date. The specific data source and measurement criteria are established in the market's terms to ensure an objective, verifiable outcome. Once the day's weather data is finalized and confirmed, the market settles according to which outcome bracket or threshold the actual high temperature falls into.
Weather pattern shifts, seasonal climate anomalies, and updated meteorological forecasts closer to June 4 can all influence market pricing. Major weather systems, monsoon activity, or heat waves affecting East Asia may shift trader expectations for Shanghai's peak temperature. Real-time forecast updates from China's meteorological authority and global weather models will likely drive trading activity. Additionally, historical temperature records and early June climate trends can prompt repricing as the event date nears and new atmospheric data becomes available.