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Paris May 31 High Temp: Market Locks In 25°C

Paris May 31 High Temp: Market Locks In 25°C

SR Sofia Renard Climate & Science Analyst
Market Resolved
Embed this market
Resolution Verdict
YES Market Resolved

Market has ended. Final implied probability: 100%.

Resolved
Volume
$214.2K
$57.4K in 24h
Liquidity
$1.4M
Deep liquidity
Time Left
Ended
Resolves May 31
214K Vol. Ended
25°C $32K Vol.
100%
18°C or below $3K Vol.
0%
19°C $3K Vol.
0%
20°C $9K Vol.
0%
21°C $19K Vol.
0%
22°C $29K Vol.
0%

The Paris temperature market for May 31 is not debating anymore. The 25°C outcome sits at 96.6% implied probability after a dramatic repricing surge in the last 24 hours. That kind of momentum does not come from speculation. It comes from weather model convergence as the resolution date closes in.

The market question asks: what will the highest temperature in Paris be on May 31? The 25°C outcome trades at $0.97 YES and $0.03 NO. The market resolves at noon Paris time on May 31, 2026. Total volume stands at $81,080, with $71,711 of that arriving in the last 24 hours alone.

How the Paris Temperature Contract Works

This contract resolves YES if the highest recorded temperature in Paris on May 31 lands exactly at 25°C. The 10 alternative outcomes (ranging from 18°C or below up to 28°C or higher) each trade separately. A resolution body confirms the official daily maximum. The market closes at noon local Paris time on May 31.

  • YES at $0.97 means the market prices a 96.6% chance the Paris daily high hits exactly 25°C on May 31.
  • NO at $0.03 means traders see roughly a 3.4% chance any other temperature bucket captures the day’s high.

The NO side pays out if the actual Paris maximum lands at 24°C, 26°C, or any other listed alternative. European weather models running on a 36-hour horizon have a tight margin of error for a single city’s daily high. When those models converge on a narrow range, prediction markets follow. The 3.4% NO probability reflects exactly that: residual model uncertainty, not genuine scientific ambiguity.

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Momentum and Market Conviction Going Into Resolution

The combined momentum signal here is among the sharpest I track in science markets. The 25°C outcome moved up 62.1% in one hour and 53.1% over 24 hours, with a trend score of 85.27. That three-part signal points to one driver: weather model runs for May 31 narrowing to a 25°C peak forecast for Paris as the clock ticks toward resolution.

Volume tells the conviction story directly. Total volume reached $81,080, with $71,711 arriving in the last 24 hours. Liquidity stands at $132,314, well above the volume figure, which means the order book can absorb additional activity without wild price swings. This is not a thin market. The numbers reflect genuine trader confidence, not a manipulable low-liquidity setup.

  • The 62.1% one-hour price surge and 53.1% 24-hour gain together reflect model run timing, not sentiment drift.
  • $71,711 in 24-hour volume on an $81,080 total market means nearly all capital entered after the forecast sharpened.
  • $132,314 in liquidity provides a stable order book heading into the May 31 resolution window.
  • The trend score of 85.27 places this market in the top tier of directional conviction across science contracts.
  • Trader sentiment breaks down at 96.6% YES versus 3.5% NO, a ratio consistent with model-driven certainty rather than political or policy uncertainty.

Lines Analysis: What the Forecast Is Actually Saying

Here’s what the measurements are telling us. European numerical weather prediction models, which run on six-hour cycles as resolution approaches, have anchored the Paris May 31 daily high at or very near 25°C. When a short-range forecast for a single urban station lands in that tight range across multiple model runs, the probability math becomes straightforward. The market is pricing model convergence, not guessing.

The NO scenario requires a meaningful forecast miss. Paris daily high temperatures on late-May days can shift by two to three degrees if a frontal passage accelerates or stalls. A faster-moving trough could cap the high at 24°C. A slower, warmer advection pattern could push it to 26°C. Neither scenario has significant support in current model output, which explains the 3.4% residual NO probability. The data doesn’t care about the politics, and in this case, it doesn’t leave much room for surprises either.

  • European model ensemble output for Paris on May 31 showing any shift toward 24°C or 26°C would reprice NO sharply upward before resolution.
  • A synoptic pattern change (frontal acceleration or stall) in the next 18 hours is the single meteorological wildcard remaining.
  • Morning observations from Paris weather stations on May 31 will confirm or challenge the model consensus before noon resolution.
  • Any significant deviation in overnight low temperatures in Paris could signal a different diurnal max trajectory than models project.

Total volume of $81,080 with nearly all of it arriving in the last 24 hours tells me this market repriced on information, not noise. The data favors 25°C. The only credible path to a different outcome runs through a meteorological surprise in the next 18 hours. The market is pricing uncertainty, not science, and right now there is very little uncertainty left to price.

LINES VERDICT

MARKET SETTLED

The 25°C outcome has absorbed overwhelming capital in the final 24 hours as short-range weather models converged. There is no competing signal from alternative outcomes worth tracking at current prices.

What the market says: At 96.6% implied probability, the market has effectively concluded that Paris hits exactly 25°C on May 31. The noon resolution window leaves roughly 18 hours for any model surprise to reprice the contract, but the order book depth at $132,314 suggests traders expect no such surprise.

Key unknown: The single event that would reprice this contract is a synoptic pattern shift in the next 18 hours, specifically any frontal system moving faster or slower than current European model runs project for the Paris basin.

Scientific and Meteorological Context

Late May in Paris typically produces daily highs between 19°C and 24°C at the Montsouris climate station. A 25°C reading on May 31 sits at the warm end of the historical normal range for this date but is not anomalous. It does not require a heat event or a blocking pattern. It reflects a modestly warm late-spring day. That context matters: when a forecast temperature sits within the plausible normal range (rather than at an extreme), model skill improves and ensemble spread narrows. That is precisely why the market moved so decisively as the forecast horizon shortened.

Before noon on May 31, the contract will either resolve or continue absorbing any last-minute meteorological information. At current prices, the market has already done its work.

How likely is 25°C?

The market prices it at 96.6%. That reflects short-range weather model convergence on that specific temperature for the Paris daily maximum on May 31.

What pays out on the NO side?

Any alternative temperature outcome (24°C, 26°C, or any other listed bucket capturing the day’s high) resolves YES in that separate contract and means the 25°C contract pays NO at $0.03.

What data would move this price before resolution?

A European or American model run showing Paris peak temperature shifting to 24°C or 26°C in the next 18 hours would push NO probability sharply higher before the noon May 31 cutoff.

When does this market resolve?

The contract resolves at noon local Paris time on May 31, 2026, based on the confirmed official daily maximum temperature for that date.

Is volume here reliable enough to trust the price signal?

Yes. At $81,080 total volume and $132,314 in liquidity, the order book is robust. The 24-hour volume of $71,711 confirms this price reflects active, informed trading rather than a stale or thin market.

Market Resolved Outcome: YES
Final Price 100%
Settled May 31, 2026
Duration 2 days

Resolution Analysis

Model Consensus Holds

If European numerical weather prediction models maintain their current Paris May 31 peak forecast through the next 18 hours, the 25°C contract resolves YES at full payout. Morning station observations confirming an overnight low consistent with a 25°C daytime trajectory would lock this outcome. The 96.6% probability moves toward certainty as resolution approaches.

Frontal System Accelerates

A faster-moving frontal trough over northern France in the next 18 hours could cap the Paris daily high at 24°C instead of 25°C. Even a one-degree forecast shift at this resolution would collapse the 25°C contract from 96.6% toward single digits. Ensemble model spread widening overnight is the signal to watch.

Warm Advection Stalls at 26°C

If warmer-than-expected southerly advection pushes the Paris peak to 26°C, the 26°C alternative contract captures value while the 25°C contract resolves NO. This requires a synoptic pattern running slightly warmer than current model output. It is the less likely directional miss but still represents the other tail of residual model uncertainty.

Data Reporting Anomaly at Resolution

Official Paris temperature records occasionally show rounding or station differences between Montsouris and other reporting points used for market resolution. If the resolution source uses a station or measurement methodology that produces a reading one degree removed from model expectations, the contract could resolve unexpectedly despite accurate forecasts. Low probability, but it is the non-meteorological wildcard.

Key macro factor: Late May in Paris sits in a transitional synoptic regime where Atlantic frontal systems and continental high pressure compete, giving short-range forecasts higher skill than mid-range outlooks but still leaving a two-to-three degree uncertainty window at 36-hour lead times.

Market Timeline

May 29, 2026, 4:03 AM
Market Created
May 29, 2026, 4:27 AM
Event Start
May 29, 2026, 4:45 AM
Market Opened
May 31, 2026
Market Resolution

Market Comments

Probabilities shown are market-implied and not predictions or recommendations. This content is for informational purposes only.