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 27, 2:00 AM EST
Kalshi
This event tracks the highest temperature recorded in New Orleans on June 26, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with resolution based on which temperature range the recorded maximum falls into.
Resolution is determined by the maximum temperature recorded at New Orleans, LA on June 26, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Regional Headquarters website under the Observed Weather tab for New Orleans. Temperature ranges are: 90°F or below, 91-92°F, 93-94°F, 95-96°F, 97-98°F, and 99°F or above. Each range corresponds to a distinct market outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) serves as the authoritative source, superseding other weather services.
Prediction market odds often diverge from traditional analyst forecasts because they incorporate real-time information and financial incentives for accuracy. While meteorologists and climate analysts publish seasonal outlooks and historical trend analyses, traders in this market synthesize those forecasts alongside emerging weather models, atmospheric data, and recent climate patterns. The market price reflects a crowdsourced probability that may lead or lag official predictions, offering an alternative gauge of expected conditions for late June in New Orleans.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for shares tied to specific temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The platform matches buyers and sellers, and the clearing price at any moment represents the market's consensus probability for each outcome range. As new weather data emerges or trading interest shifts, prices adjust dynamically, allowing participants to enter or exit positions throughout the market's lifetime.
This market resolves around Jun 27, 2026, once the highest temperature recorded in New Orleans on June 26, 2026 is verified and confirmed. The outcome is determined by the actual peak temperature observed on that date, measured against the outcome ranges defined in the market. Resolution occurs after the event concludes and credible public reporting confirms the final temperature reading.
Several factors could shift odds in this market over time. Updated seasonal climate forecasts, shifts in the Atlantic hurricane season outlook, and long-range weather models showing anomalies for late June could all influence trader expectations. Real-time atmospheric patterns, sea-surface temperatures in the Gulf of Mexico, and any emerging climate events will be incorporated as traders reassess their positions. Historical heat records and recent temperature trends in New Orleans may also prompt repricing as the event date approaches.