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: May 30, 11:59 PM EST
Kalshi
Precipitation will be recorded at Central Park in New York on May 30, 2026, according to the National Weather Service.
Prediction market odds on Kalshi reflect real-money traders' collective assessment of rain probability in NYC on May 30, 2026, while traditional weather forecasts from meteorologists and services like the National Weather Service rely on atmospheric models and historical data. Markets often incorporate forecast data but may diverge if traders anticipate model uncertainty or assign different weights to competing scenarios. Comparing Kalshi odds to official forecasts released closer to the event date can reveal whether markets are pricing in additional risk factors or expressing more or less confidence than traditional forecasters.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, this event is priced as a binary contract where traders take positions on whether measurable precipitation will fall in NYC on May 30, 2026. The price of each outcome contract reflects the market's probability estimate, with higher prices indicating greater confidence in that outcome. Kalshi's order book aggregates buy and sell orders, and the spread between bid and ask prices shows liquidity and conviction. As the event date approaches and new weather data emerges, prices adjust to reflect updated expectations about atmospheric conditions over New York City.
The market resolves on May 31, 2026, after May 30, 2026 has concluded. Resolution is determined by whether measurable precipitation occurred in New York City on that date. The specific measurement criteria and data source used to settle the contract are established by the platform's resolution rules. Traders should review the full event terms to understand the exact threshold for precipitation and which official weather station or service data will be used to determine the final outcome.
Several factors could shift market odds before May 30, 2026. Major weather pattern changes, such as shifts in jet stream positioning or the development of storm systems, would influence expectations. Seasonal climate forecasts and longer-range models released by meteorological agencies may provide new signals about May weather patterns. As the event date approaches, short-range forecasts become more reliable and typically drive larger price movements. Additionally, historical rainfall data for late May in NYC and any unusual atmospheric anomalies detected by traders could prompt significant repricing of the rain probability.