TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 21, 3:59 AM EST
Kalshi
This event tracks the highest temperature recorded at Los Angeles Airport, California on June 20, 2026. The resolution uses the official National Weather Service Climatological Report (Daily) as the authoritative source, which may differ from preliminary reports or other weather services.
Resolution is determined by the highest temperature recorded at Los Angeles Airport, California on June 20, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature is divided into six distinct ranges: 66°F or below, 67–68°F, 69–70°F, 71–72°F, 73–74°F, and 75°F or above. Each range corresponds to a separate market outcome that resolves to Yes if the official NWS temperature falls within that range. The official NWS Climatological Report (Daily) is the sole authoritative source for resolution; preliminary NWS data, AccuWeather, Google Weather, and other sources are not used for final determination. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect interpretation of data before the official report is published.
Prediction market odds often diverge from traditional meteorologist forecasts because they incorporate real-time trader positioning, historical volatility, and forward-looking uncertainty that static models may not fully capture. While weather agencies publish seasonal temperature ranges and historical averages, this market aggregates the collective judgment of participants who have financial incentive to forecast accurately. Comparing the implied probability from market odds to published climate normals and long-range forecasts can reveal where traders expect conditions to deviate from historical patterns. This dynamic pricing mechanism frequently outperforms single-source predictions by reflecting distributed information across many independent forecasters.
This market resolves around Jun 21, 2026, once the highest temperature recorded in Los Angeles on June 20, 2026 is verified and finalized. The outcome is confirmed through credible public reporting from established meteorological sources, ensuring accuracy and preventing disputes. Traders holding contracts aligned with the actual temperature outcome receive their payout, while those on the wrong side of the prediction incur losses. Resolution typically occurs within hours of market close on the settlement date, allowing rapid payout processing.
Major climate patterns, seasonal forecasts, and long-range weather models published by NOAA or other agencies can shift market odds significantly. El Niño or La Niña conditions, atmospheric pressure systems, and historical heat wave patterns for early summer in Southern California all influence trader positioning. As June 2026 approaches, updated 10-day and extended forecasts will tighten uncertainty and potentially trigger sharp repricing. Unexpected global weather events, volcanic activity, or solar cycles that affect regional temperatures could also move the market. Real-time trading activity itself—large bets by informed participants—often signals new information and prompts rapid adjustment in contract prices.