🎁 New traders: 100% Deposit Match up to $500 · 0% fees · instant USDC payoutsClaim it →
Skip to main content
HomeGuideCryptoMarketsBlogOpen live market →

Highest temperature in Shanghai on August 10?

How the on-chain market is pricing "Highest temperature in Shanghai on August 10?" right now, plus comparison with Kalshi, Betfair and Manifold.

28°C 52% 29°C 43% 30°C 4% 31°C 1% Volume: $86K Liquidity: $173K Closes: 10 Aug 2026
Open live market →
Highest temperature in Shanghai on August 10?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via BTC Prediction) Pick
polygram.ink (preferred broker)
52% 48% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open live market →
Polymarket (direct)
polymarket.com
52% 48% 0% Geo-blocked in US/UK/EU USDC, on-chain Open live market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open live market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open live market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open live market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
28°C52%
29°C43%
30°C4%
31°C1%
23°C or below0%
24°C0%
25°C0%
26°C0%
27°C0%
32°C0%
33°C or higher0%

Market context

Shanghai’s highest temperature will be set by the reading from the Weather Underground daily observations for Pudong airport, with the market settling into one of the temperature bands on 10 August 2026. August in Shanghai is normally hot and humid: a historical August average around 32°C, with documented highs above 35°C and occasional spikes to the upper 30s, so the contract is about whether the day lands in the common low-to-mid 30s range or breaks higher.[15][18] Weather Underground’s own history pages show Shanghai daily highs in the low 30s on recent August dates, including 33.4°C on 8 August 2026, which gives a near-term anchor for how traders may be reading the setup.[5][7]

The current 0% YES implies the market is priced as if an outcome in the specified range is effectively excluded, so the gap to realised weather matters more than the headline forecast. Comparable Shanghai August observations suggest that a low reading is possible on wet, overcast days, but the city’s late-summer climatology still favours warm afternoons, especially if cloud cover breaks after morning rain.[14][15][18] For a crypto-native market, the key mechanical point is that settlement is binary and USDC-denominated, so the on-chain price will usually reflect both the weather forecast and liquidity conditions in the order book rather than any gradual fundamental repricing.

Traders should watch the forecast path into the airport’s local afternoon peak, because the contract resolves off the day’s *highest* observed temperature, not the summary high/low box. A shift in rain timing, cloud cover or convective activity could move the top reading by enough to change the settlement band, and late updates from Weather Underground’s daily observations will matter most once the day is underway.[7][14] Broader BTC and ETH conditions can still affect positioning indirectly through risk appetite and whale flow into small, weather-linked markets, but the direct catalyst is the Shanghai airport observation itself rather than any macro driver.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page reads Highest temperature in Shanghai on August 10? on-chain. Polymarket's quote comes directly from the Polygon order book — the only comparable venue with on-chain settlement. Kalshi (USD, off-chain), Betfair (GBP/EUR, off-chain) and Manifold (play-money) are listed alongside for venue context. Every CTA routes to BTC Prediction, which mirrors the Polymarket order book directly.

Resolution & payout

Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.

Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.

UK Frequently Asked Questions

What are crypto prediction markets?
Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
Can I use Bitcoin directly?
No, Polymarket operates exclusively in USDC on Polygon. You can bridge BTC to USDC via an exchange or bridge service and deposit on Polygon — typically 10-30 minutes processing time.
Is Polymarket legal in the UK?
Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
Do I pay tax on prediction market profits in the UK?
UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
How do I deposit on Polymarket from the UK?
UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
and

Trade Highest temperature in Shanghai on August 10? on BTC Prediction

Live order book, 0% fees, USDC settlement in seconds.

Open live market →