TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 24, 2:00 AM EST
Kalshi
This market predicts the highest temperature recorded in Oklahoma City 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 cool to extremely hot.
Resolution is based on the maximum temperature recorded at Oklahoma City Will Rogers Airport 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 Oklahoma City office. Six mutually exclusive temperature bands partition the possible outcomes: 85°F or below, 86-87°F, 88-89°F, 90-91°F, 92-93°F, and 94°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 diverge from traditional weather analyst forecasts because they incorporate broader uncertainty and tail-risk pricing. While meteorologists issue point estimates and confidence intervals based on atmospheric models, this market prices in the full distribution of possible outcomes, including low-probability extreme events. Traders may weight recent climate trends, historical heat records, and long-range climate patterns differently than operational forecasters do. Over time, prediction markets have demonstrated competitive accuracy against expert consensus, particularly when liquidity is sufficient and participants have strong incentives to forecast accurately. Comparing the two approaches reveals how financial markets and scientific institutions weigh the same underlying data differently.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to specific temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome contract trades independently, and the bid-ask spread reflects the market's confidence in that bracket. Prices range from near-zero for extremely unlikely scenarios to near-unity for outcomes traders view as highly probable. As new information arrives—updated seasonal forecasts, climate data, or historical comparisons—traders adjust their positions, moving prices in real time. The platform's matching engine executes trades at the best available price, and cumulative volume across all outcomes indicates overall market engagement and liquidity depth.
This market resolves around Jun 24, 2026, once the highest temperature recorded in Oklahoma City on June 23, 2026 is verified and finalized. The outcome is confirmed through credible public reporting from established meteorological sources and official weather records. Traders holding positions in the correct outcome bracket receive their winnings, while incorrect positions expire worthless. The resolution process is deterministic—there is no discretion or dispute mechanism because the temperature is an objective, independently verifiable fact. Market participants should monitor official announcements as the date approaches to understand any final clarifications on data sources or timing.
Several catalysts could shift prices significantly before resolution. Updated seasonal climate forecasts and long-range weather models issued by NOAA or other agencies may alter expectations for June heat patterns. Historical heat records for Oklahoma City and regional temperature anomalies provide benchmarks that traders reference when reassessing probabilities. Major climate or atmospheric events—such as persistent high-pressure systems, La Niña or El Niño transitions, or unusual jet-stream behavior—can reshape the outlook. Media coverage of heat waves in adjacent regions or national climate discussions may influence trader sentiment. As June 2026 approaches, short-range forecasts become more reliable, typically triggering sharp repricing in the final weeks. Real-time temperature data and any official record-setting announcements will drive final trading activity.