TOTAL VOLUME:
$134b
24H VOL:
$87,176,691
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,391,958,194
394,660
Markets across
30,119
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 1:59 AM EST
Kalshi
This market tracks the highest temperature recorded in Austin on Independence Day 2026. Austin experiences hot summer conditions on July 4th, with temperatures typically in the high 90s or above. The resolution uses official National Weather Service data from Austin Bergstrom Airport.
Resolution is determined by the highest temperature recorded in Austin Bergstrom on July 04, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature is divided into six ranges: 94° or below, 95-96°, 97-98°, 99-100°, 101-102°, and 103° or above, with each range corresponding to a distinct market outcome. The official and final temperature value comes exclusively from the NWS Climatological Report (Daily); preliminary NWS data, AccuWeather, Google Weather, and other sources serve only as reference guides. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect interpretation of borderline values.
Prediction market odds reflect real-money bets from traders who research meteorological data, historical patterns, and climate models—often converging with or diverging from traditional weather analyst forecasts. While meteorologists issue official forecasts based on atmospheric science, this market prices in collective trader expectations and uncertainty. Over time, prediction markets have proven competitive with expert forecasts on weather events, though short-term divergences can occur when new data emerges or traders weigh long-term climate trends differently than conventional models.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks for shares corresponding to different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices move as supply and demand shift, with each outcome's probability reflected in its share price. The tighter the bid-ask spread, the more confident the market is in that outcome. Traders can enter or exit positions at any time before the market closes, allowing prices to adjust dynamically as new information about weather patterns becomes available.
This market resolves around Jul 5, 2026, once the highest temperature recorded in Austin on July 4, 2026 is verified against credible public sources. The outcome is determined by the official peak temperature reading for that calendar day, confirmed through established meteorological reporting. All open positions settle based on which outcome bracket the final temperature falls into, with payouts distributed accordingly to winning traders.
Major weather pattern shifts, seasonal climate forecasts, and long-range atmospheric models can all influence trader positioning in this market. El Niño or La Niña conditions, changes in jet stream behavior, and updated seasonal outlooks from meteorological agencies may prompt repricing. As July 4, 2026 approaches, shorter-term weather forecasts and real-time atmospheric data will become increasingly important drivers. Extreme heat events in prior years or shifts in Austin's climate baseline could also sway expectations about the likelihood of record or near-record temperatures.