Resolution criteria on PolyGram: This market will resolve to the temperature range that contains the highest temperature recorded by the Hong Kong Observatory in degrees Celsius on 8 May '26. The resolution source for this market will be information from the Hong Kong Observatory, specifically the "Absolute Daily Max (deg. C)" the specified date once information is finalized in the relevant "Daily Extract", available here: https://www.weather.gov.hk/en/cis/climat.htm This market can not resolve to "Yes" until data for this date has been finalized. The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C).
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| 21°C or below | 0% YES | 100% NO |
| 22°C | 0% YES | 100% NO |
| 23°C | 0% YES | 100% NO |
| 24°C | 0% YES | 100% NO |
| 25°C | 0% YES | 100% NO |
| 26°C | 0% YES | 100% NO |
| 27°C | 0% YES | 100% NO |
| 28°C | 0% YES | 100% NO |
On 8 May 2026, the Hong Kong Observatory will record the day's highest temperature in degrees Celsius. This market resolves based on which temperature range contains that official reading, with settlement occurring after the Observatory finalises data in its Daily Extract records. The current order book on Polymarket shows 0% implied probability across all temperature ranges, indicating either minimal trading activity or a technical issue with market initialisation rather than genuine consensus that no temperature will be recorded.
Hong Kong's May temperatures typically range from 26°C to 32°C based on historical climatology, with occasional peaks above 33°C during early heat waves. The 0% probability across all outcomes is unusual and suggests the market has not yet attracted sufficient liquidity to establish meaningful price discovery. Comparable weather markets on Polymarket usually show distributed probabilities across multiple temperature bands once trading begins, reflecting genuine uncertainty about meteorological conditions.
Traders should monitor the Hong Kong Observatory's seasonal forecasts and any tropical cyclone advisories issued in early May 2026, as these would materially affect temperature ranges. The settlement window closes at 12:00 UTC on 8 May, meaning the Observatory's finalised daily maximum reading must be published before resolution occurs. Current market conditions offer no guidance on expected temperatures; traders entering positions will establish the initial price formation based on their own meteorological assessments and historical May patterns for Hong Kong.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Highest temperature in Hong Kong on May 8?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$416K in lifetime turnover and $189K of resting liquidity puts this market in the top 10% by volume for weather contracts on PolyGram. Order-book depth is exceptional — among the deepest order books in the category.
Last 24 hours alone saw $242K in turnover, well above the lifetime daily-average for this market — a clear sign of news catalysing trader activity right now.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 8 May 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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