TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 11, 11:59 PM EST
Kalshi
This event tracks whether Dallas/Fort Worth experiences sustained high temperatures over a specific week. It examines temperature patterns to determine if there are consecutive days where averages exceed a set threshold, reflecting potential heatwave conditions.
The event evaluates multiple thresholds of consecutive days with average temperatures strictly above 90°F in Dallas/Fort Worth from October 5 to October 11, 2026. For each threshold (2, 3, 4, 5, or 6+ consecutive days), the market resolves to Yes if the specified number of consecutive days meet the temperature requirement. The daily average temperature is calculated as the mean of hourly temperatures reported by The Weather Company for the KDFW station from 12:00 AM to 11:59 PM local time, rounded to the nearest whole degree. Only days within the specified week contribute to streaks, and data as published at the expiration time is used, with later revisions disregarded. A day with an average of exactly 90°F or fewer than 18 reported hourly values breaks any streak and does not count toward satisfying the condition.
Currently, it’s difficult to directly compare prediction market odds to specific analyst forecasts for this event. However, generally, prediction markets can offer a different perspective than traditional polls or expert opinions. This is because traders have 'skin in the game' and are incentivized to make accurate predictions, potentially leading to a more informed assessment of the probability of consecutive 90°F+ days in Dallas/Fort Worth. While analysts may rely on models and historical data, this market reflects a collective judgment based on real-time trading activity.
On Kalshi, this market is priced using a continuous double auction mechanism, meaning traders can buy and sell contracts representing their belief about the outcome. The price of a contract reflects the implied probability of the event happening. As more traders buy contracts, the price increases, indicating a higher perceived probability. Conversely, selling contracts lowers the price. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price fluctuates based on supply and demand, driven by new information and changing sentiment among participants regarding the potential for a prolonged heatwave in Dallas/Fort Worth.
This market resolves around Oct 13, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on the average daily temperature recorded in Dallas/Fort Worth during the week of October 5, 2026. If the average temperature exceeds 90°F on consecutive days within that week, the market will settle in favor of 'yes'. Otherwise, it will settle in favor of 'no'. The data used for verification will come from established meteorological sources.
Several factors could significantly influence trading activity in this market. Long-range weather forecasts released in the months leading up to October 2026 will be closely watched. Any indications of a developing high-pressure system over Texas, or predictions for above-average temperatures, could drive up the price. Conversely, forecasts suggesting a cooler, wetter pattern could lower it. Unexpected climate events, like a strong El Niño or La Niña, could also play a role, as could any major shifts in long-term climate models related to heatwaves in the region.