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 8, 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 8 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 on Polymarket reflect aggregated trader beliefs about Shanghai's highest temperature on June 8, often differing from traditional meteorological forecasts issued by weather agencies. While meteorologists rely on atmospheric models and historical data, prediction markets incorporate real-time information and trader conviction. Comparing the market's implied probability to official weather service forecasts can reveal where consensus diverges. Traders may price in factors like seasonal patterns, climate anomalies, or recent weather trends that analysts weight differently, making the market odds a complementary signal to conventional forecasting.
On Polymarket, the Highest temperature in Shanghai on June 8 market is priced through continuous trading of outcome shares. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each temperature bracket or outcome has a corresponding share price that reflects the probability traders assign to it occurring. As traders buy and sell shares, prices adjust in real time, with higher prices indicating greater perceived likelihood. The market's pricing mechanism aggregates dispersed information and trader conviction, allowing participants to express nuanced views on Shanghai's peak temperature and profit if their forecast proves accurate.
The Highest temperature in Shanghai on June 8 market resolves on Jun 8, 2026, after the event has occurred and official temperature data becomes available. Resolution depends on determining the actual highest temperature recorded in Shanghai on June 8. The market uses verified meteorological data to settle all outcome shares, ensuring that the correct temperature bracket or value is confirmed. Traders should monitor official weather station records and announcements as the resolution date approaches to understand which outcome will be deemed correct.
Several factors could shift market odds for Shanghai's highest temperature on June 8. Major weather pattern changes, such as unexpected monsoon activity or high-pressure systems, would alter trader expectations significantly. Updated seasonal forecasts from meteorological agencies or shifts in climate indices like the Pacific Decadal Oscillation could trigger repricing. Real-time weather developments in late May and early June, including actual temperature trends leading into June 8, would influence market sentiment. Additionally, historical temperature records for that date and emerging climate anomalies may prompt traders to adjust their probability estimates as new information emerges.