TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 3, 8:00 AM EST
Polymarket
This market will resolve to the temperature range that contains the lowest temperature recorded at the London City Airport Station in degrees Celsius on 3 Jun '26. The resolution source for this market will be information from Wunderground, specifically the lowest temperature recorded for all times on this day for the London City Airport Station, available here: https://www.wunderground.com/history/daily/gb/london/EGLC. 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 often diverge from traditional meteorological forecasts and analyst models. While weather services like the UK Met Office issue deterministic or probabilistic temperature predictions, prediction markets aggregate trader beliefs and real-money incentives into implied probabilities. Markets may price in tail risks or consensus shifts faster than official forecasts update. Comparing Polymarket odds to published Met Office outlooks or independent weather analyst consensus can reveal whether traders are more bullish or bearish on extreme cold relative to expert opinion.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, the lowest temperature outcome is priced using an automated market maker or order-book model where traders buy and sell shares representing specific temperature ranges or thresholds. Each outcome has a price between 0 and 1 reflecting its implied probability. Liquidity and trading activity determine how tightly prices cluster around fair value. As June 3 approaches, prices adjust based on updated weather models, seasonal patterns, and trader conviction, with volume typically concentrating on the most likely temperature bands.
The market resolves on Jun 3, 2026 following the close of trading. Resolution is determined by the actual lowest temperature recorded in London on June 3. Official meteorological data sources are used to verify the final outcome and settle all positions. Traders must monitor real-time temperature readings throughout the day to understand how the market is pricing in live conditions. Once the day concludes and the lowest temperature is confirmed, the winning outcome is paid out and losing positions are settled.
Major weather pattern shifts, updated seasonal forecasts, and atmospheric pressure systems over the North Atlantic can significantly move odds. Sudden cold fronts, polar vortex disruptions, or blocking high-pressure systems will trigger repricing. Real-time meteorological model updates from the Met Office or European Centre for Medium-Range Weather Forecasts often cause sharp market moves. As June 3 approaches, daily weather updates and overnight low forecasts become critical catalysts. Traders also react to historical temperature anomalies and climate indices that suggest unusually cold or mild conditions for early June in London.