The Prediction Markets

Will Hawaii reach Coral Bleaching Alert Level 1 by December 31, 2026?

Closes
Jan 12, 2027, in 3 months
Traded
$5K
Venues
Polymarket
Prices updated
4 min ago
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What the markets expect

Yes 6.5%

Only Polymarket lists this market, so there is no second price to compare.

Yes 6.5%No 93.5%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 4 min ago. Ages are as of when this page was built.

  • Polymarket
Yes
6.5%
Polymarket 6.5%polled, 4 min agoBest Yes 10¢ on Polymarket, $100 pays $1,000 (10.0x)
Polymarket
Contract
Yes
Last price
6.5%
As of
Polled 4 min ago
Buy Yes
10¢
Sell Yes
3¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$5K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: coralreefwatch.noaa.gov

How the odds have moved

The leading outcome on both venues, with the consensus between them. Hover for exact values.

  • Yes

Order books

Each venue’s resting orders for the Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Cover Yes and No across venues

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.05 × price × (1 − price) per share (other / general rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Will Hawaii reach Coral Bleaching Alert Level 1 by December 31, 2026?". Yes leads at 6.5%. $5K has traded across 1 outcome on Polymarket. The market is expected to resolve by Jan 12, 2027.

This market will resolve to "Yes" if NOAA Coral Reef Watch's Bleaching Alert Area for the Main Hawaiian Islands virtual station reaches "Bleaching Alert Level 1" (or a higher alert level) on the Current Coral Bleaching Alert Level on any day within this market's timeframe (from market creation through December 31, 2026, 11:59 PM ET). Otherwise, this market will resolve to "No". The Bleaching Alert Area for the Main Hawaiian Islands virtual station reaching Bleaching Alert Level 1 (or a higher alert level) on any single day within this timeframe is sufficient for a "Yes" resolution. For the purposes of this market, Bleaching Alert Level 1 corresponds to a Degree Heating Week (DHW) value of 4 or greater °C-weeks at the Main Hawaiian Islands virtual station, as calculated by NOAA Coral Reef Watch from the 90th-percentile daily HotSpot values within that station's boundary. The primary resolution source for this market will be the "Bleaching Alert Area" reading on NOAA Coral Reef Watch's Main Hawaiian Islands virtual station gauge page (https://coralreefwatch.noaa.gov/product/vs/gauges/hawaii.php). If that page is unavailable or has not been updated, resolution will use NOAA Coral Reef Watch's own data for the Main Hawaiian Islands virtual station in any other format it publishes (for example, its regional virtual station time-series data files, available at https://coralreefwatch.noaa.gov/product/vs/data.php), which apply the same station-level methodology. Readings for individual 5km satellite pixels that are not aggregated to the Main Hawaiian Islands virtual station will not be used. Only NOAA Coral Reef Watch readings dated within this market's timeframe (from market creation through December 31, 2026) can trigger a "Yes" resolution. If NOAA Coral Reef Watch data covering this timeframe has not been published by January 4, 2027, this market will remain open until January 11, 2027, or until such data is published, whichever comes first. If no NOAA Coral Reef Watch data covering any day within this market's timeframe is ever published, this market will resolve to "No". In the case that the Resolution Source publishes data, sufficient to settle a Market, that is clearly erroneous and the result of technical or operational error, or of unauthorized interference with the Resolution Source or its data, the Market may remain open for a period of up to seven (7) calendar days (ET) from the time of the original release, in anticipation of a correction by the Resolution Source. If the Resolution Source publishes a corrected value within that period, that value will be eligible for resolution. If no corrected value is published within that period, Polymarket will issue a Clarification to determine whether the originally published value may be eligible for resolution, or whether other action is required to preserve the orderly functioning of the Market. Revisions remain subject to the cutoff above. The only exception is a correction of a clearly erroneous print under the preceding paragraph, which will be used even if published after the cutoff.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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