TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 8, 2:00 AM EST
Kalshi
This market tracks the highest temperature recorded in Dallas on July 7, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for Dallas/Fort Worth, which provides the authoritative temperature measurement for the region.
Resolution is based on the maximum temperature recorded at Dallas on July 7, 2026, according to the National Weather Service's Climatological Report (Daily) for Dallas/Fort Worth, TX. The temperature is divided into six ranges: 93°F or below, 94-95°F, 96-97°F, 98-99°F, 100-101°F, and 102°F or above. Each range corresponds to a distinct market outcome. The official data source is accessed through the NWS website by navigating to the Observed Weather tab and selecting Dallas/Fort Worth, TX with the Daily Climate Report option. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final determination uses only the official NWS Climatological Report (Daily), not preliminary reports or third-party weather services.
Prediction market odds reflect real-money trader conviction and often incorporate the latest meteorological data, seasonal patterns, and climate models that professional forecasters use. While traditional weather analysts publish point estimates and confidence intervals, this market aggregates dispersed information through price discovery. Traders who outperform consensus gain financially, creating incentives for accuracy. Over time, prediction markets have demonstrated competitive or superior performance to single-expert forecasts, though both rely on the same underlying atmospheric science and historical temperature records for Dallas.
On Kalshi, this market is priced through a continuous limit-order book where traders buy and sell shares corresponding to temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on the final temperature reading, and the market price reflects the collective probability assigned by active participants. Bid-ask spreads tighten as volume increases and the event date draws closer, allowing traders to enter or exit positions at prices that reflect current market sentiment about how hot Dallas will be on July 7, 2026.
This market resolves around Jul 8, 2026, once the highest temperature recorded in Dallas on July 7, 2026 is verified against credible public sources. The outcome is determined by the official temperature reading from a recognized meteorological authority or weather station serving the Dallas area. Traders' positions settle based on which outcome bracket or range the final temperature falls into, with payouts distributed accordingly to those who correctly predicted the day's peak heat.
Major weather pattern shifts, seasonal climate anomalies, and updated long-range forecasts can significantly move this market. El Niño or La Niña conditions, atmospheric blocking patterns, and historical heat waves in the region all influence trader positioning. As July 7, 2026 approaches, medium-range forecasts become more reliable, typically causing sharper price movements. Breaking news about climate events, shifts in jet-stream patterns, or anomalous heat domes across the southern United States could trigger rapid repricing as traders adjust their expectations for Dallas's peak temperature.