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: Jul 5, 4:00 AM EST
Kalshi
This market tracks the highest daytime temperature recorded in Seattle on Independence Day 2026. Resolution uses the official National Weather Service daily climatological report for Seattle-Tacoma, which may differ from other weather sources due to measurement methodology and rounding conventions.
Resolution is determined by the maximum temperature recorded at Seattle-Tacoma on July 4, 2026, according to the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Seattle office website under the Observed Weather tab. Temperature ranges are: 71°F or below, 72-73°F, 74-75°F, 76-77°F, 78-79°F, and 80°F or above. Each range corresponds to a distinct market outcome. The NWS Climatological Report (Daily) serves as the authoritative source; preliminary NWS data may contain rounding or conversion nuances that differ from commercial weather services, and traders should exercise caution when interpreting preliminary reports.
Prediction market odds reflect the collective judgment of traders betting real money, which often diverges from traditional weather forecasts issued by meteorologists and climate analysts. While official forecasts rely on atmospheric models and historical data, this market aggregates dispersed information and financial incentives across many participants. Comparing the two reveals whether traders are pricing in factors analysts may underweight—such as urban heat effects or climate patterns—or whether consensus exists. The gap between market odds and expert predictions can signal either market inefficiency or novel insights from the trading community.
On Kalshi, this market is priced through an order-book mechanism where buyers and sellers submit bids and offers for shares corresponding to different temperature ranges. 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 supply and demand balance at any moment, with tighter spreads indicating higher confidence and liquidity. Traders can enter or exit positions throughout the market's lifetime, and the final price just before resolution often represents the most refined collective estimate of the outcome.
This market resolves around Jul 5, 2026, once the highest temperature recorded in Seattle on July 4th, 2026 is verified and confirmed. The outcome is determined by the actual meteorological reading from that day, checked against credible public sources. Traders holding shares in the correct outcome range receive their payouts after verification is complete. The resolution process is straightforward: the market settles based on what the thermometer shows, with no ambiguity in the underlying event itself.
Several factors could shift odds in this market over the coming months. Long-range climate forecasts, El Niño or La Niña patterns, and seasonal anomalies published by NOAA or other meteorological agencies may influence trader expectations. As summer 2026 approaches, updated seasonal outlooks and historical temperature trends for Seattle in early July will become more relevant. In the final weeks, short-range weather models and atmospheric pressure systems will drive sharp repricing. Urban development, heat-wave warnings, or unusual jet-stream behavior could also prompt traders to adjust their positions closer to the event date.