TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 24, 2:00 AM EST
Kalshi
This market predicts the highest temperature recorded in New Orleans on June 23, 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 extremely hot.
Resolution is based on the maximum temperature recorded at New Orleans, Louisiana on June 23, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS regional climate portal for the New Orleans office. Six mutually exclusive temperature bands partition the possible outcomes: 92°F or below, 93-94°F, 95-96°F, 97-98°F, 99-100°F, and 101°F or above. Each band corresponds to one market outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official report should be consulted for resolution. While weather services like AccuWeather or Google Weather may provide reference information, only the NWS Climatological Report (Daily) serves as the authoritative source for determining the actual maximum temperature and resolving the market.
Prediction market odds reflect real-money commitments from traders and often incorporate a broader range of information than traditional weather forecasts alone. While meteorologists publish deterministic temperature predictions based on atmospheric models, this market aggregates the beliefs of many participants who may weigh seasonal patterns, historical data, and emerging climate signals differently. The divergence between market odds and official forecasts can highlight where traders see additional risk or opportunity relative to expert consensus.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on a specific outcome, and the market price reflects the equilibrium between buyers and sellers at any given moment. As new information emerges or trading interest shifts, prices adjust in real time, allowing you to enter or exit positions at transparent, market-determined rates.
This market resolves around Jun 24, 2026, after the date in question has passed and the highest temperature for June 23, 2026 in New Orleans can be verified. The outcome is confirmed once the event is verifiable from credible public reporting, ensuring all traders have access to the same factual basis for settlement. Traders holding shares in the correct outcome receive their payouts once resolution is finalized.
Major climate patterns, seasonal forecasts, and long-range weather models published by meteorological agencies can shift trader expectations and move odds significantly. El Niño or La Niña conditions, unusual atmospheric pressure systems, and historical temperature anomalies for early summer in Louisiana may all influence how traders price this market. Additionally, as June 2026 draws closer, updated short-range forecasts will likely trigger repricing as uncertainty narrows and more precise predictions become available.