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: Sep 17, 11:39 AM EST
Polymarket
This market will resolve to the bracket containing the number of coterminous US states (out of 48) with D4 percent area of 0.05% or more in the US Drought Monitor release for the week of September 15, 2026. Brackets: 0 / 1-2 / 3-4 / 5-6 / 7-9 / 10+. Exactly one bracket resolves "Yes". The count ranges over all 48 coterminous states — the 48 states excluding Alaska and Hawaii. The District of Columbia and U.S. territories are not considered. Each USDM release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. Resolution is based on the first published US Drought Monitor release for the listed week. Subsequent revisions will not be considered; the first published release is final. If the US Drought Monitor has not been published by 11:59 PM ET on the day following the scheduled publication date, this market will resolve to the "0 states" bracket. The resolution source for this market is the US Drought Monitor at droughtmonitor.unl.edu.
This market will resolve to the bracket containing the number of coterminous US states (out of 48) with D4 percent area of 0.05% or more in the US Drought Monitor release for the week of September 15, 2026. Brackets: 0 / 1-2 / 3-4 / 5-6 / 7-9 / 10+. Exactly one bracket resolves "Yes". The count ranges over all 48 coterminous states — the 48 states excluding Alaska and Hawaii. The District of Columbia and U.S. territories are not considered. Each USDM release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. Resolution is based on the first published US Drought Monitor release for the listed week. Subsequent revisions will not be considered; the first published release is final. If the US Drought Monitor has not been published by 11:59 PM ET on the day following the scheduled publication date, this market will resolve to the "0 states" bracket. The resolution source for this market is the US Drought Monitor at droughtmonitor.unl.edu.
Currently, the odds reflected in this market offer a unique perspective compared to traditional analyst forecasts regarding the extent of D4 drought conditions. While expert opinions on climate patterns and drought projections exist, this market aggregates the wisdom of the crowd, providing a real-time assessment of potential outcomes. It’s important to note that prediction market prices are driven by actual trading activity and represent what participants are willing to pay for a given outcome, potentially revealing insights not captured in static analyst reports. The market’s view may differ from initial projections as new information emerges.
On Polymarket, this market is priced through a continuous auction mechanism, where traders buy and sell shares representing their belief in each possible outcome. The price of a share directly reflects the implied probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust dynamically, creating a constantly updated forecast. The market’s price movements are driven entirely by supply and demand, meaning that strong conviction in a particular scenario will lead to higher prices for shares representing that outcome.
This market resolves around Sep 17, 2026, with the outcome determined by publicly available data regarding the number of states experiencing D4 (Exceptional Drought) conditions as reported by the U.S. Drought Monitor. The final count will be verified against credible public sources to ensure accuracy. Traders will then be paid out based on whether their purchased shares correspond to the actual number of states in D4 drought status at the time of resolution. This provides a clear and objective determination of the market’s outcome.
Several factors could significantly influence this market before it resolves. Major shifts in long-range weather forecasts, particularly those predicting prolonged high-pressure systems or reduced precipitation, could drive prices higher for outcomes indicating greater drought extent. Conversely, forecasts suggesting increased rainfall or cooler temperatures could lower those prices. Significant policy changes related to water management or drought mitigation efforts might also impact trader sentiment. Finally, any unexpected climate events, such as unusually strong El Niño or La Niña patterns, could trigger substantial movements in this market.