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 12, 3:59 AM EST
Kalshi
This event tracks the highest temperature recorded at Los Angeles Airport on July 11, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with temperature ranges spanning from 72°F or below up to 81°F or above.
Resolution is based on the highest temperature recorded at Los Angeles Airport, California on July 11, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature reading determines which outcome resolves affirmatively: 72°F or below, 73–74°F, 75–76°F, 77–78°F, 79–80°F, or 81°F or above. The NWS Climatological Report (Daily) is the sole authoritative source; preliminary NWS data and third-party weather services such as AccuWeather or Google Weather may differ due to rounding and conversion nuances and should not be used as the final reference. Traders should exercise caution when interpreting preliminary data.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader behavior and financial incentives alongside meteorological models. While weather services rely on physics-based simulations and historical data, this market aggregates diverse participant views—including contrarian bets and tail-risk hedges—into a single price. Analysts may issue point forecasts or confidence intervals, whereas traders here express conviction through stake allocation. Over time, markets tend to incorporate new information faster than static forecasts, though both approaches have merit for understanding temperature expectations on that date.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different temperature ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome bracket has its own bid-ask spread, and the midpoint reflects the market's implied probability for that range. Traders profit by correctly predicting the actual high temperature; prices adjust in real time as new information emerges and order flow changes. The platform's matching engine ensures transparent price discovery, with all trades recorded and visible to participants.
This market resolves around Jul 12, 2026, once the highest temperature recorded in Los Angeles on July 11, 2026 is verified and confirmed. The outcome is determined by comparing the actual daily high against the predefined temperature brackets offered in the market. Resolution occurs after the event date has passed and credible public reporting confirms the final measurement. Traders holding shares in the correct outcome bracket receive their payout based on the market's final odds.
Several factors could shift odds significantly before resolution. Major weather pattern changes—such as an approaching heat dome, marine layer persistence, or upper-level atmospheric shifts—would trigger repricing as meteorological models update. Seasonal climate anomalies, El Niño or La Niña developments, and long-range forecast revisions from the National Weather Service could also influence trader positioning. As July 11, 2026 approaches, short-range forecasts become more reliable, typically causing sharper price moves. Real-time weather alerts, satellite imagery, and model consensus shifts in the final week will likely drive the most volatile trading activity.