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: Jun 22, 3:59 AM EST
Kalshi
This event tracks the peak temperature at Los Angeles Airport on June 21, 2026, as recorded by the National Weather Service. The outcome will be determined by the official daily climatological report, with resolution based on which temperature range the recorded high falls into.
Resolution is determined by the highest temperature recorded at Los Angeles Airport, CA on June 21, 2026, according to the National Weather Service's Climatological Report (Daily). Temperature ranges are: 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 distinct market outcome. The official NWS Climatological Report (Daily) is the authoritative source for resolution; preliminary NWS data and third-party weather services may contain rounding or conversion differences and should not be used as the basis for trading decisions.
Prediction market odds reflect the aggregated beliefs of traders with real money at stake, often diverging from traditional meteorologist forecasts. While weather analysts rely on physics-based models and historical data, this market incorporates trader conviction and risk appetite. Comparing the implied probability here to published forecasts from the National Weather Service or other agencies can reveal where the crowd sees value or risk that experts may have underweighted. Over time, prediction markets have proven competitive with or superior to single-expert forecasts on weather events, especially when traders have access to the latest model runs and observational data.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks for shares tied to specific temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects supply and demand; as new weather data or forecasts emerge, traders adjust their positions, moving the odds in real time. Shares are fractional and priced between 0 and 100 cents, with the sum of all outcome prices equaling one dollar. This structure ensures transparent, fair-value discovery and allows you to enter or exit positions at any time before the market closes.
This market resolves around Jun 22, 2026, after June 21, 2026 has passed and the peak temperature for Los Angeles is recorded. The outcome is confirmed once the highest temperature reading for that day is verifiable from credible public sources. Traders holding shares in the correct temperature range receive their payout based on the final verified figure. Resolution typically occurs within hours of the close of the trading day, allowing quick settlement and payout to winning positions.
Major weather pattern shifts, updated seasonal forecasts, and real-time atmospheric data will drive price movement in this market. El Niño or La Niña conditions, jet stream positioning, and high-pressure systems over the Southwest are key catalysts. As June 2026 approaches, daily weather model updates and historical temperature comparisons will refine trader expectations. Urban heat island effects, air quality alerts, and any unusual climate anomalies reported in the weeks leading up to the event could also shift odds. Early June forecasts will be especially influential, as they narrow uncertainty and anchor trader positioning closer to resolution.