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 28, 3:59 AM EST
Kalshi
This event tracks the highest temperature recorded at Los Angeles Airport on June 27, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with results divided into six temperature ranges.
Resolution is based on the highest temperature recorded at Los Angeles Airport, California on June 27, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature reading determines which outcome resolves affirmatively: 65°F or below, 66–67°F, 68–69°F, 70–71°F, 72–73°F, or 74°F and above. The official NWS Climatological Report (Daily) serves as the authoritative source; preliminary NWS data and alternative weather services are not used for final resolution. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect interpretation of borderline readings.
Prediction market odds reflect real-money trader conviction and often diverge from traditional weather forecasts and analyst models. While meteorologists issue point estimates and confidence intervals based on atmospheric data, this market aggregates dispersed trader beliefs into a single probability. Markets can outpace or lag official forecasts depending on data freshness, model disagreement, and trader sophistication. Comparing the odds here to published National Weather Service or private forecaster predictions reveals whether the crowd is pricing in more or less extreme heat than experts currently project.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to temperature outcome ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract represents a claim on a specific temperature bracket, and the bid-ask spread reflects uncertainty and liquidity at that price level. As traders submit orders, the market price adjusts to clear supply and demand, with higher prices indicating greater collective confidence in hotter outcomes and lower prices suggesting cooler expectations.
This market resolves around Jun 28, 2026, after June 27, 2026 concludes. The outcome is determined by the verified highest temperature recorded in Los Angeles on that date, confirmed once the event is observable from credible public reporting. Traders holding positions aligned with the actual peak temperature receive their payout, while opposing positions expire worthless. Resolution timing allows for official data collection and validation before final settlement.
Major weather pattern shifts, updated seasonal forecasts, and atmospheric anomalies will drive significant price swings in this market. El Niño or La Niña developments, heat dome formation, and shifts in the jet stream can all influence June conditions months in advance. Closer to the event date, medium-range forecasts from the National Weather Service and European model updates become critical catalysts. Real-time satellite data, ocean temperature anomalies, and breaking weather alerts in the final week will likely trigger sharp repricing as traders adjust positions based on the most current meteorological intelligence.