Skip to main content

Highest temperature in Seoul on June 5?

"Highest temperature in Seoul on June 5?" on Polymarket, Kalshi and PolyGram — what traders need to know about platform choice, KYC and tax law.

11 outcomes · leader: 23°C at 100%

23°C 100% Outcomes: 11 Volume: $217K 24h volume: $179K Opened: 3 Jun 2026 Closes: 5 Jun 2026

Resolution criteria: This market will resolve to the temperature range that contains the highest temperature recorded at the Incheon Intl Airport Station in degrees Celsius on 5 Jun '26. The resolution source for this market will be information from Wunderground, specifically the highest temperature recorded for all times on this day for the Incheon Intl Airport Station, available here: https://www.wunderground.com/history/daily/kr/incheon/RKSI. To toggle between Fahrenheit and Celsius, click the gear icon next to

Open live market →
Highest temperature in Seoul on June 5?

Market statistics

Total volume
$217K
24h volume
$179K
Open interest
$67K

Available prediction outcomes (11)

Sorted by descending live probability. Click any outcome to trade it on PolyGram.

Market context

On 5 June 2026, the highest temperature recorded at Incheon International Airport Station will determine which temperature band resolves YES. The settlement uses Wunderground historical data for that specific location and date, measured in Celsius. Early-June Seoul typically experiences early monsoon conditions with mean highs around 26–28°C, though variability is substantial depending on whether subtropical high-pressure systems dominate or frontal systems bring cooler air from the north.

The 0% crowd probability suggests traders are either uncertain about which temperature band the market offers, or the resolution mechanics remain unclear to participants. Historical June temperatures at Incheon show occasional peaks above 30°C during heat waves, but also days where cloud cover and precipitation keep highs in the low-to-mid 20s. Comparable weather markets on this date would benefit from reviewing Korea Meteorological Administration forecasts and seasonal patterns; June sits at the threshold between spring and summer monsoon onset, making it less predictable than July or August.

Key catalysts include the official Korea Meteorological Administration seasonal outlook (typically released in late April) and any El Niño or La Niña signals that influence East Asian pressure patterns. Real-time monitoring of upper-level ridge positioning and tropical cyclone activity in the Western Pacific during late May and early June will sharpen forecasts. Traders should verify which specific temperature bands the market offers before committing, as the current 0% reading may reflect ambiguity about available resolution categories rather than genuine consensus on the day's weather outcome.

Wikipedia Context

  • Highest temperature recorded on Earth
    Highest temperature recorded on Earth

    The highest temperature recorded on Earth has been measured in three major ways: air, ground, and via satellite observation. Air measurements are used as the standard measurement due to persistent issues with unreliable ground and satellite readings. Air measurements are noted by the World Meteorological Organization (WMO) and Guinness World Records among ot

  • List of extreme temperatures in Canada

    The following is a list of the most extreme temperatures recorded in Canada.

Methodology

This overview of Highest temperature in Seoul on June 5? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

Resolution source: This market settles from the official publication at https://www.wunderground.com/history/daily/kr/incheon/RKSI. A proposer submits the result to the UMA Optimistic Oracle on Polygon, the two-hour challenge window opens, and the smart contract pays out in USDC.

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

How are winnings taxed?
Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. PolyGram stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
What happens during a tax audit?
You're responsible for documenting your trades. PolyGram exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
Are prediction markets gambling?
Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
What if regulation changes?
If regulation changes in your jurisdiction (e.g. prediction markets are banned), PolyGram would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.

Trade Highest temperature in Seoul on June 5? on PolyGram

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

Open live market →