TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 4, 1:59 AM EST
Kalshi
This event tracks the highest temperature recorded at Austin Bergstrom Airport on July 3, 2026, using official National Weather Service data. Participants predict which temperature range the day will fall into, from warm conditions below 94°F to extremely hot conditions above 101°F.
Resolution is determined by the highest temperature recorded in Austin Bergstrom on July 03, 2026, as reported by the National Weather Service's Climatological Report (Daily). The temperature is divided into six ranges: 93° or below, 94-95°, 96-97°, 98-99°, 100-101°, and 102° or above. Each range corresponds to a separate market outcome that resolves to Yes if the official NWS reading falls within that bracket. The official and final temperature value comes exclusively from the NWS Climatological Report (Daily); while other weather sources like AccuWeather or Google Weather may provide guidance, they are not authoritative for resolution purposes. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect the final determination.
Prediction market odds reflect aggregated trader beliefs and often diverge from traditional meteorologist forecasts because markets price in real-time data, uncertainty, and tail risks that static models may underweight. While weather analysts publish deterministic high-temperature predictions based on atmospheric modeling, this market allows participants to express probabilistic views and adjust positions as conditions change. Comparing the implied odds here to published forecasts from the National Weather Service or other meteorological sources can reveal where the crowd sees asymmetric risk in the temperature outcome.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The platform converts bid-ask spreads into implied probabilities, which update in real time as new orders flow in. Participants can enter limit or market orders to express their conviction on whether the high will fall into specific temperature bands. Kalshi's transparent pricing model ensures that market odds reflect the marginal trader's assessment at any given moment.
This market resolves around Jul 4, 2026, once the peak temperature for Austin on July 3, 2026 is verifiable from credible public sources. The outcome is determined by the actual recorded high temperature on that date, confirmed through official weather reporting. Traders holding positions aligned with the final temperature outcome receive payouts proportional to their stake, while misaligned positions expire worthless. Resolution occurs shortly after the event concludes and data is finalized.
Major weather pattern shifts, seasonal climate anomalies, and updated long-range forecasts from meteorological agencies can significantly move odds in this market. El Niño or La Niña conditions, heat waves affecting the South-Central United States, or unexpected atmospheric blocking patterns may drive trader repositioning. Real-time satellite imagery, model consensus changes, and historical temperature records for early July in Austin also influence sentiment. As the event date approaches, short-range forecasts become more reliable, typically tightening the range of plausible outcomes and reducing volatility.