TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 24, 3:59 AM EST
Kalshi
This event tracks the highest temperature recorded at Los Angeles Airport, California on June 23, 2026. The temperature will be measured and reported by the National Weather Service's official Climatological Report (Daily), which serves as the authoritative source for resolution.
Resolution is determined by the highest temperature recorded at Los Angeles Airport, California on June 23, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature range is divided into six distinct bands: 68°F or below, 69–70°F, 71–72°F, 73–74°F, 75–76°F, and 77°F or above. Each band corresponds to a separate market outcome that resolves to Yes if the official NWS reading falls within that range. The NWS Climatological Report (Daily) is the sole authoritative source for the final temperature value; preliminary NWS data and third-party weather services such as AccuWeather or Google Weather may be consulted for guidance but are not binding. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect interpretation of data.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-time trader conviction and financial incentives. While meteorologists publish deterministic temperature predictions based on atmospheric models, this market prices uncertainty through continuous bidding. Traders who believe the consensus forecast is too high or too low can profit by taking the opposite side, creating a dynamic that sometimes leads markets to outperform or underweight official predictions. Comparing the implied probability here to published forecasts from the National Weather Service can reveal where market participants see value.
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 range has its own bid-ask spread, and the midpoint reflects the current market consensus. As new information emerges—updated weather models, seasonal patterns, or climate data—traders adjust their positions, moving prices in real time. The platform's matching engine ensures transparent price discovery, so you can see exactly what other participants are willing to pay for each outcome.
This market resolves around Jun 24, 2026, once the highest temperature recorded in Los Angeles on June 23, 2026 is confirmed and verifiable from credible public sources. The outcome is determined by the actual daily high temperature reported by official weather monitoring stations serving the Los Angeles area. Once the event occurs and the data is published, the market will settle to the outcome range that contains the verified temperature. All positions will then be paid out according to their accuracy.
Major weather pattern shifts, updated seasonal forecasts, and atmospheric anomalies can all drive significant price movement in this market. El Niño or La Niña conditions, unexpected heat waves, or changes to jet stream positioning may cause traders to revise their temperature expectations. Additionally, historical climate data releases, solar activity reports, and even geopolitical events affecting air quality can influence how participants price the outcome. As June 2026 approaches, near-term weather models will become increasingly reliable, typically tightening the range and reducing uncertainty in the market.