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 22, 4:00 AM EST
Kalshi
This market tracks the highest temperature recorded in Las Vegas on June 21, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with six temperature ranges covering conditions from warm to extreme heat.
Resolution is based on the maximum temperature recorded at Las Vegas on June 21, 2026, as reported in the National Weather Service's Climatological Report (Daily), accessible via the CLILAS database. The official data source is the NWS Daily Climate Report for Las Vegas, NV, which can be found by navigating to the specified URL, selecting the "Observed Weather" tab, and choosing Las Vegas, NV with Daily Climate Report selected. Six distinct temperature ranges partition the possible outcomes: 99°F or below, 100-101°F, 102-103°F, 104-105°F, 106-107°F, and 108°F or above. Traders should note that preliminary NWS reporting may be subject to rounding and conversion nuances, and the official final value from the NWS Climatological Report (Daily) takes precedence over other weather data sources.
Prediction market odds reflect real-money trader expectations and often diverge from traditional weather forecasts and analyst models. While meteorologists rely on historical climate data and seasonal patterns, this market incorporates live trader sentiment and collective intelligence. As the event date draws closer, market odds typically converge toward official forecasts as new data emerges. However, prediction markets can sometimes price in tail risks or longer-term climate trends that traditional forecasters underweight, creating meaningful differences in probability estimates between the two approaches.
On Kalshi, this market is priced through continuous order-book trading, where buyers and sellers set odds by placing bids and asks on different 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 the probability traders assign to that temperature range occurring on the specified date. As new information arrives—weather models, seasonal forecasts, or climate anomalies—traders adjust their positions, moving prices in real time. This dynamic pricing mechanism ensures the market continuously incorporates the latest available information about June weather conditions in Las Vegas.
This market resolves around Jun 22, 2026, once the highest temperature recorded in Las Vegas on June 21, 2026 is verified and confirmed. The outcome is determined by comparing actual recorded temperatures against the outcome brackets offered in the market. Resolution occurs after the event date passes and credible public reporting confirms the final temperature reading. Traders holding positions on the correct outcome bracket receive payouts proportional to their stake and the odds at which they entered.
Several factors could shift odds in this market significantly. Updated seasonal climate forecasts and long-range weather models released by meteorological agencies often trigger repricing. El Niño or La Niña conditions, atmospheric pressure patterns, and historical heat wave data can influence trader positioning. As June 2026 approaches, near-term weather forecasts become increasingly relevant. Additionally, broader climate trends, urban heat island effects specific to Las Vegas, and any unusual atmospheric events in the months leading up to the solstice could prompt traders to adjust their probability estimates and move market prices.