Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open the market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open the market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open the market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open the market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 32°C | 100% |
| 23°C or below | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 33°C or higher | 0% |
Market context
On 4 July 2026, the Hong Kong Observatory will record the absolute daily maximum temperature in degrees Celsius, with the market currently pricing a 31°C outcome at 59% probability, while the 0% YES crowd-implied figure for any alternative range reflects tight consensus on that specific threshold [1]. This contract resolves on-chain via USDC on the Polygon network, using conditional tokens that lock shares until the Observatory finalises its "Daily Extract" data for that date [1].
Historical July peaks frame this probability: the highest monthly mean maximum since 1885 was 32.9°C in July 2007, while recent records show daytime highs reaching 36.1°C in 2023 and 39°C in Sheung Shui during extreme sweltering events [2][5][8]. The current 27–32°C forecast for 3–4 July, centered on 28–29°C, aligns with typical variability but leaves room for the 31°C frontrunner to hold if scattered showers fail to suppress peak heat [1][7].
Traders must monitor the Observatory’s scheduled "Daily Extract" publication, which finalises the "Absolute Daily Max" value to one decimal place, and watch for real-time weather updates on heavy rain and cloud cover expected on 4 July [1][7]. Recent reports confirm Hong Kong recorded its hottest day of the year so far with 36.1°C, underscoring the volatility in July temperatures and the need to track live meteorological announcements before settlement [5]. The market remains dependent solely on this official data release, with no resolution possible until the extract is published.
Methodology
This page reviews Highest temperature in Hong Kong on July 4? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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