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: Jul 5, 1:00 AM EST
Kalshi
This market tracks the lowest overnight temperature recorded in Atlanta on Independence Day 2026. Resolution uses the official National Weather Service daily climatological report for Atlanta, which may differ from other weather sources due to measurement methodology and rounding conventions.
Resolution is determined by the minimum temperature recorded at Atlanta on July 4, 2026, according to the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Atlanta office website under the Observed Weather tab. Temperature ranges are: 70°F or below, 71-72°F, 73-74°F, 75-76°F, 77-78°F, and 79°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 often diverge from traditional weather forecasts because they incorporate real-time trader behavior and risk assessment alongside meteorological models. While the National Weather Service and private forecasters rely on physics-based atmospheric modeling, this market aggregates the collective judgment of traders who may weight recent data, historical patterns, or model disagreement differently. Comparing odds to published forecasts can reveal where the market is pricing in uncertainty or consensus. Over time, prediction markets have demonstrated competitive accuracy against expert forecasts, though both approaches have blind spots during unusual weather patterns.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing different temperature ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome has a price between 0 and 100 cents, reflecting the implied probability that the low temperature will fall within that range. Traders profit by correctly predicting the outcome, and the market price adjusts continuously as new orders flow in. This mechanism ensures prices reflect available information and trader conviction, with tighter spreads typically appearing as the event date nears and forecasts solidify.
This market resolves around Jul 5, 2026, once July 4, 2026 has passed and the actual low temperature in Atlanta is verifiable from credible public sources. The outcome is determined by comparing the recorded low temperature against the predefined ranges offered in the market. Once the temperature data is confirmed and published by official weather reporting agencies, the market automatically settles and winning positions are credited. Traders should monitor weather station reports and official records in the days following the event to confirm the final outcome.
Major weather pattern shifts, updated seasonal forecasts, and historical analogs for early July heat in Atlanta could significantly move odds. El Niño or La Niña developments, jet stream positioning, and long-range model consensus updates typically drive repricing weeks or months ahead. As July 4, 2026 approaches, medium-range forecasts from the National Weather Service become more reliable, often triggering sharp price movements. Real-time atmospheric data, sudden cold fronts, or heat dome formations in the days before the event can also trigger rapid trader repositioning. Traders should monitor meteorological blogs, forecast model updates, and seasonal climate outlooks for early signals.