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Tokyo Hit 21°C Low on July 3 | Lines.com

Tokyo Hit 21°C Low on July 3 | Lines.com

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
$30.2K
$21.0K in 24h
Liquidity
$144.1K
Deep liquidity
Time Left
Ended
Resolves Jul 3
30K Vol. Ended
21°C $4K Vol.
100%
16°C or below $1K Vol.
0%
17°C $2K Vol.
0%
18°C $1K Vol.
0%
19°C $792 Vol.
0%
20°C $2K Vol.
0%

Tokyo recorded a minimum temperature of 21°C on July 3, 2026, confirming the outcome that Polymarket traders had priced at near-certainty. The measurement settled a multi-outcome market covering the full range of possible overnight lows, from 16°C or below to 26°C or higher. Traders assigned the 21°C bucket a 98.6% probability, and the reading matched that conviction precisely.

The implied probability on this market sat at 98.6% at article time, with a yes price of 0.99. The final price at close matched that figure. A total of $30,201 in volume moved through the market, with $20,962 of that arriving in the 24 hours surrounding resolution. That late-surge concentration tells a clear story: the measurement data was becoming visible, and traders positioned accordingly.

Tokyo’s July 3 Low Confirmed at 21°C

Japan’s Meteorological Agency tracks hourly surface temperatures across Tokyo’s observation network. The July 3 minimum of 21°C falls within the city’s typical early-July range, when the rainy season transition often keeps overnight lows elevated but not extreme. A reading of 21°C sits at the cooler end of what Tokyo normally sees in early July, consistent with residual cloud cover or a brief atmospheric trough suppressing the usual humid heat.

The market structure spread probability across 11 discrete temperature buckets. The 21°C outcome absorbed nearly all trader conviction, leaving the adjacent buckets at minimal prices. In the final hours before resolution, the yes price on 21°C climbed from roughly 0.40 at open to 0.99 at close, a move of nearly 60 percentage points that reflected real-time weather data feeding into trader positioning rather than speculative momentum.

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How the Market Performed on Tokyo’s July 3 Low

The market opened the 21°C outcome at 0.40, meaning traders initially saw roughly even odds across several temperature buckets. Here’s what the measurements are telling us: the 98.6% close price reflected high-confidence alignment with observed data, not a structural repricing of uncertainty. The 24-hour price change of +22.6% was the market digesting an incoming temperature reading, not traders speculating on meteorological models.

The market is pricing uncertainty, not science, and that gap was large early. A 0.40 opening price on what became the correct outcome suggests genuine ambiguity across the temperature range during the pre-resolution window. The $144,120 in liquidity available at resolution ensured the late-stage price discovery was orderly. Total volume of $30,201 is modest for a resolved science market, reflecting the narrow, hyper-specific nature of a single-day urban temperature reading.

What a Single-Day Tokyo Low Tells Us Going Forward

A confirmed minimum of 21°C on July 3 adds a single data point to Tokyo’s growing record of early-summer overnight temperatures. Japan’s Meteorological Agency and urban heat researchers use these granular readings to track the progression of the rainy season and the onset of the city’s intense summer heat. Tokyo’s overnight lows have trended upward over the past three decades, driven by urban heat island intensification and broader regional warming patterns. A 21°C minimum in early July is not alarming, but it is part of a longer signal worth watching.

The binary-style structure of this multi-outcome market worked reasonably well for a discrete measurement question. The data doesn’t care about the politics, and temperature markets of this type reflect that cleanly: once actual station data becomes accessible, prices converge fast. The question is whether this market format is the right tool for capturing genuine meteorological uncertainty or whether it primarily rewards access to near-real-time weather feeds over predictive skill.

  • Japan’s Meteorological Agency publishes hourly surface temperature data for Tokyo, which feeds directly into late-stage Polymarket price discovery on temperature outcome markets.
  • Tokyo’s early-July overnight lows have averaged between 22°C and 24°C over the past decade, making a 21°C reading slightly cooler than the recent norm and consistent with a transitional atmospheric pattern.
  • The 24h volume of $20,962 represented 69% of total market volume, confirming that most trading activity concentrated in the final window when observational data was available.
  • Future markets covering Tokyo daily temperature extremes would benefit from tighter bucket intervals, particularly around the 20-24°C range where early-July readings cluster most densely.

LINES RESOLUTION VERDICT

YES: CORRECTLY PRICED AT RESOLUTION

Traders priced the 21°C outcome with precision by close, but the 0.40 opening price reveals that the early market was genuinely uncertain, and real accuracy only arrived with the data itself.

What the market showed: The implied probability opened at roughly 40% and closed at 98.6%. The confirmed outcome was 21°C. Traders who moved late captured the signal; early positioning reflected legitimate uncertainty across Tokyo’s July temperature distribution.

Frequently Asked Questions

The market resolved YES on the 21°C outcome, confirming that Tokyo's lowest recorded temperature on July 3, 2026 was 21°C, consistent with the city's early-July climatological range.

Traders closed the 21°C outcome at 0.99, or 98.6% probability, correctly identifying the final reading. The opening price of 0.40 shows early uncertainty was genuine, with accuracy arriving alongside observational data.

The modest total volume reflects the hyper-specific nature of a single-day urban temperature market. The $20,962 in 24-hour volume, representing 69% of total, confirms that positioning concentrated once real temperature data became accessible.

A 21°C minimum sits at the slightly cooler end of Tokyo's early-July norm, which has averaged 22-24°C over the past decade, consistent with a transitional atmospheric pattern near the end of the rainy season.

The 21°C outcome opened at roughly 0.40 and surged 22.6% in the final 24 hours, closing at 0.99. The +18% and +10.5% moves on July 2 indicate traders began repositioning as forecast data tightened around the 21°C reading.

We aggregate the live positions of the top 50 Polymarket whales (ranked by 30-day tracked volume) into one composite reading per market. It refreshes every hour. The percentage shows how many of those whales hold YES versus NO; the net dollar position shows the cohort's directional exposure in dollars.

A convergence event fires when three or more tracked wallets buy the same outcome on the same market within a four-hour window. We surface these in the activity feed and the VIP digest.

No. Lines is an editorial and data product. We do not operate prediction markets, custody funds, or accept trades. All trade flows deep-link to Polymarket via our affiliate code. Probabilities shown are market-implied and not predictions or recommendations.

Market Resolved Outcome: YES
Final Price 99%
Settled Jul 3, 2026
Duration 2 days

Resolution Analysis

What Happened

Tokyo's surface temperature network recorded a minimum of 21°C on July 3, 2026, resolving the Polymarket multi-outcome temperature market. The reading fell at the cooler end of the city's typical early-July overnight range, consistent with atmospheric patterns near the rainy season transition.

Market Accuracy

The market closed the 21°C bucket at 0.99 (98.6%), correctly reflecting the confirmed outcome. Early pricing at 0.40 showed genuine distributional uncertainty before observational data resolved ambiguity. Accuracy arrived with the measurement, not ahead of it.

Key Turning Point

The decisive repricing happened on July 2, when the 21°C outcome surged roughly 18% and then another 10.5% in successive moves. This pattern signals traders accessed near-real-time forecast or early station data and concentrated $20,962 in volume within 24 hours of resolution.

Forward Implications

Tokyo temperature markets demonstrate that discrete meteorological outcome markets price accurately only when observational data is accessible. Future market design should account for the rapid convergence dynamic, as early pricing may understate the probability of readings near the climatological mean.

Key macro factor: Tokyo's urban heat island effect and the timing of the annual rainy season exit are the dominant structural forces shaping the distribution of early-July overnight lows.

Market Timeline

Jul 1, 2026, 4:30 AM
Market Created
Jul 1, 2026, 4:30 AM
Market Opened
Jul 3, 2026
Market Resolution

Market Comments

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