TOTAL VOLUME:
$97.1b
24H VOL:
$537,357,392
24H TRANSACTIONS:
949,851,807
OPEN INTEREST:
$2,309,828,173
825,223
Markets across
14,759
events
MATCHED EVENTS:
901
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
chance
$
$20
$50
$100
$500
This market tracks whether a Category 5 hurricane—defined as a storm with maximum sustained winds of 157 mph or higher—will make landfall on the conterminous United States coastline before 2027. On Polymarket, the probability of this occurring stands at 10.5%. Resolution will be determined by official National Hurricane Center advisories, with the market settling by December 31, 2026. Watch the 2026 Atlantic hurricane season for any storms that approach US coastlines at Category 5 intensity, as this will be the final opportunity for a qualifying landfall before the market closes.
For the purposes of this market, a Category 5 hurricane is a hurricane with maximum sustained winds of 157 mph or higher, as described at https://www.nhc.noaa.gov/aboutsshws.php, and a hurricane landfall is said to occur when the hurricane's surface center intersects with the coastline, as described at https://www.nhc.noaa.gov/aboutgloss.shtml#LANDFALL. This market will resolve to "Yes" if any storm makes landfall in the conterminous United States as a Category 5 hurricane, as reported in official National Hurricane Center advisories (https://www.nhc.noaa.gov/archive/2023/IDALIA.shtml?) between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. This market may resolve based on the initial advisory released by the NHC for whether any storm has made landfall in the conterminous United States at Category 5 strength, regardless of any later retraction or analysis that may contradict the initial qualifying announcement. However, subsequent corrections or updates will be considered if they indicate a qualifying incident.
Prediction market odds on Polymarket currently reflect 12.5% probability for a Category 5 US landfall before Dec 31, 2026. This contrasts with traditional meteorological and climate forecasts, which typically rely on historical hurricane data, sea-surface temperatures, and seasonal models. Prediction markets aggregate real-money bets from diverse traders and weather experts, often incorporating late-breaking atmospheric data faster than published analyst reports. The market price represents a dynamic consensus that updates continuously as new information emerges, whereas analyst forecasts are usually issued seasonally or updated less frequently.
On Polymarket, this event is priced as a binary contract reflecting 12.5% odds for a Category 5 hurricane making US landfall before Dec 31, 2026. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy and sell shares representing "Yes" or "No" outcomes, with the contract price directly corresponding to the implied probability. As new hurricane season data, climate patterns, or storm activity emerges, traders adjust positions, moving the price up or down. The market operates continuously, allowing real-time price discovery driven by supply and demand for exposure to this specific weather risk.
The market resolves on Dec 31, 2026, marking the end of the prediction period. Resolution is determined by whether any Category 5 hurricane makes landfall on the US mainland before that date. Official hurricane tracking data from meteorological authorities forms the basis for outcome verification. The binary structure means the contract settles to either 100 cents (if a Category 5 landfall occurs) or zero cents (if no such event transpires). Traders holding winning positions receive their payout upon settlement.
Several factors could shift market odds before Dec 31, 2026. Active Atlantic hurricane seasons, rising sea-surface temperatures, or weakening wind shear could increase the probability of Category 5 development. Conversely, cooler ocean conditions or strong upper-level winds might reduce it. Real-time storm activity—particularly any major hurricane approaching the US coast—typically triggers sharp price moves as traders reassess near-term risk. Climate pattern updates, El Niño or La Niña transitions, and seasonal forecasts from NOAA also influence trader sentiment. Each hurricane season update or significant atmospheric change can prompt rapid repricing on the market.
Follow the signals, not the noise
Get insights on market conviction, notable shifts, and what the data is quietly signaling.