TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 23, 2:00 AM EST
Kalshi
This event tracks the highest temperature recorded in Minneapolis on June 22, 2026. The actual temperature will be measured and reported by the National Weather Service, with resolution determined by which temperature range the recorded high falls into.
Resolution is determined by the maximum temperature recorded at Minneapolis/St Paul on June 22, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS Climate page for the Minneapolis office, selecting the "Observed Weather" tab and "Minneapolis/St Paul, MN" location with Daily Climate Report. Temperature ranges are: 75°F or below, 76-77°F, 78-79°F, 80-81°F, 82-83°F, and 84°F or above. Each range corresponds to a distinct market outcome. The NWS Climatological Report (Daily) is the authoritative source for resolution; preliminary NWS data and third-party weather services like AccuWeather or Google Weather may differ due to rounding and measurement methodology variations and should not be used as the final determination. Traders should exercise caution when interpreting preliminary data, as the official final report may differ from early estimates.
Prediction market odds reflect real-time consensus from traders betting on actual outcomes, whereas meteorological forecasts rely on physics-based climate models and historical data. This market aggregates dispersed information from participants with financial incentives to forecast accurately, often capturing nuances that traditional seasonal outlooks may miss. Comparing the implied probabilities here to published forecasts from the National Weather Service or climate analysts can reveal where the market is pricing in higher or lower confidence relative to expert consensus. Such divergences sometimes signal emerging data or market-specific factors worth investigating.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for contracts tied to specific temperature ranges or thresholds. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices move continuously as new orders match, with the spread between buy and sell prices reflecting liquidity and uncertainty around the final outcome. Each contract's price directly implies a probability; for example, a contract trading at 0.65 suggests a 65% chance that outcome will occur. Traders can enter limit or market orders to adjust their positions as new weather data becomes available.
This market resolves around Jun 23, 2026, once June 22, 2026 has passed and the highest temperature recorded in Minneapolis that day is verified. The outcome is confirmed through credible public reporting from established meteorological sources, ensuring all traders have access to the same authoritative data. Winning contracts are those corresponding to the actual high temperature recorded, and payouts are distributed accordingly. Early resolution may occur if the outcome becomes mathematically certain before the end date.
Major signals include updated seasonal climate forecasts, El Niño or La Niña patterns, and real-time weather model runs as June 2026 approaches. Unexpected atmospheric events—such as early heat waves, cold fronts, or shifts in the jet stream—can rapidly shift trader expectations. Historical temperature records for Minneapolis in late June provide a baseline; any revision to those benchmarks could influence market pricing. Additionally, broader climate trends and any anomalies detected in spring 2026 weather data will likely drive trading activity and repricing as the event date draws nearer.