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: Jun 9, 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 9 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 real-money consensus from traders betting on Shanghai's June 9 high temperature, while meteorological forecasts from weather agencies and climate analysts rely on atmospheric modeling and historical data. Markets often incorporate analyst predictions but may diverge based on trader sentiment, recent weather patterns, and geopolitical factors. Comparing the two reveals whether the crowd is more or less bullish on extreme heat than official forecasters, offering a complementary perspective on temperature expectations.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, the highest temperature in Shanghai on June 9 is priced through outcome tokens representing specific temperature ranges or thresholds. Traders buy and sell these tokens based on their belief in each outcome's likelihood. The price of each token reflects its implied probability, with higher prices indicating stronger market confidence. Liquidity and trading volume determine how easily traders can enter or exit positions, and prices update continuously as new bets flow in.
The market resolves on Jun 9, 2026 following the conclusion of June 9 in Shanghai. Resolution is determined by the official highest temperature recorded in Shanghai on that date, sourced from authoritative meteorological data. Once the day ends and the peak temperature is confirmed, the outcome is locked in and winning positions are settled. Traders holding tokens matching the actual temperature outcome receive their payout based on the final odds at which they traded.
Major weather pattern shifts, seasonal monsoon activity, and atmospheric pressure systems affecting East Asia could significantly move odds. Updated extended forecasts from meteorological agencies typically influence trader positioning weeks before the event. Urban heat island effects and local pollution levels may also factor into market pricing. As June 9 approaches, real-time weather updates and short-term forecast revisions become the primary drivers of price movement, with traders adjusting positions based on the latest atmospheric data and model consensus.