Trade: Will a hurricane form by May 31?
Resolution criteria on PolyGram: This market will resolve to "Yes" if NOAA designates any storm in the Atlantic a hurricane between December 4, 2025, and May 31, 2026. Otherwise, this market will resolve to "No". The resolution source for this market will be NOAA’s list of named storms during the Atlantic hurricane season (https://www.nhc.noaa.gov/data/tcr/) and/or their data on individual storms. If there is a potential named storm that has not yet been classified by May 31, 11:59 PM ET, the market may remain open until June 1, 12:00 PM ET to determine if a classification was made prior to midnight.
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.
- Liquidity
- $1K
- Total Volume
- $49K
- 24h Volume
- —
- Open Interest
- $12K
Market outcomes
| Will a hurricane form by May 31? | 2% YES | 98% NO |
Market context
The Atlantic hurricane season runs from 1 June to 30 November each year, meaning this market covers an unusual period: December 2025 through May 2026. Hurricane formation during the official off-season is exceptionally rare. The last Atlantic hurricane to form outside the June–November window occurred in December 2005 (Hurricane Epsilon), and before that, December 1954 (Hurricane Alice). Off-season Atlantic hurricanes require anomalously warm ocean temperatures and atmospheric conditions that seldom align. The current 2% implied probability on Polymarket's order book reflects this historical scarcity, with traders pricing in roughly a 1-in-50 chance of the necessary conditions materialising during this six-month window.
Traders monitoring this market should track sea-surface temperature anomalies across the Atlantic basin, particularly in the Caribbean and Gulf of Mexico, which NOAA publishes weekly. The National Weather Service's Climate Prediction Center issues monthly outlooks that include off-season tropical activity assessments. Any significant warming event—such as a strong El Niño or Atlantic Meridional Overturning Circulation anomaly—could shift atmospheric dynamics. Additionally, traders should note NOAA's official Atlantic hurricane season outlook, typically released in May, which occasionally flags off-season risk. The resolution hinges entirely on NOAA's National Hurricane Center designation; a storm must reach hurricane strength (sustained winds of 74 mph or greater) and receive official classification before the 31 May deadline.
Wikipedia Context
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Tropical cyclogenesisTropical cyclogenesis is the development and strengthening of a tropical cyclone in the atmosphere. The mechanisms through which tropical cyclogenesis occur are distinctly different from those through which temperate cyclogenesis occurs. Tropical cyclogenesis involves the development of a warm-core cyclone, due to significant convection in a favorable atmosp
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Hurricane IrmaHurricane Irma was an extremely powerful and devastating tropical cyclone that caused extensive damage and multiple deaths across the Antilles and Eastern United States in September 2017. Irma was the first Category 5 hurricane to strike the Leeward Islands on record, though it was followed by Hurricane Maria, which struck the region at Category 5 intensity
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Hurricane FlorenceHurricane Florence was a powerful and long-lived tropical cyclone that caused catastrophic damage in the Carolinas in September 2018, primarily as a result of freshwater flooding due to torrential rain. The sixth named storm, third hurricane, and the first major hurricane of the 2018 Atlantic hurricane season, Florence originated from a strong tropical wave
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Hurricane DorianHurricane Dorian was an extremely powerful and catastrophic tropical cyclone, which became the most intense on record to strike the Bahamas. It is tied with the 1935 Labor Day hurricane and Hurricane Melissa in 2025 for the strongest landfall in the Atlantic basin in terms of maximum sustained winds. It is regarded as the worst natural disaster in the Bahama
How this market resolves
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.
How to trade this market step by step
The mechanics for trading "Will a hurricane form by May 31?" 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.
- Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
- Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
- Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
- Size your position. If you stake 100 USDC at 2% YES, you'll receive shares that pay $5000 if YES resolves true — a 4900% gross return. If NO resolves, your shares are worth $0.
- Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
- Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.
How active is this market?
$49K in lifetime turnover and $1K of resting liquidity puts this market in the above the median by volume for weather contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
The market has been open for 5 months — the price has had time to stabilise as new information arrived.
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.
Key terms
- YES / NO share
- A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
- CLOB
- Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
- Liquidity
- USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
- UMA optimistic oracle
- The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
- Slippage
- The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
- Conditional token
- ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.
Frequently asked questions
What is the current probability for "Will a hurricane form by May 31?"?
As of today, traders on Polymarket price this outcome at 2%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
How does this market resolve?
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.
When does this market close?
This prediction market is scheduled to close on 31 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.
How can I trade on "Will a hurricane form by May 31?"?
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.
What happens when the market resolves?
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.
Risk and regulatory note
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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