TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 2:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Austin on July 1, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Austin Bergstrom, which measures the minimum temperature reached during that calendar day.
Resolution is based on the minimum temperature recorded at Austin Bergstrom on July 1, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Austin office website under the Observed Weather tab. Temperature ranges are divided into six bands: 70°F or below, 71-72°F, 73-74°F, 75-76°F, 77-78°F, and 79°F or above, with each band corresponding to a distinct outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS report takes precedence over other weather sources such as AccuWeather or Google Weather.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader positioning and risk appetite rather than relying solely on meteorological models. While meteorologists publish seasonal outlooks and historical climate data for Austin summers, this market reflects live consensus pricing—updated continuously as new information emerges. Comparing the two reveals whether traders are pricing in more extreme heat or cooler conditions than official forecasts suggest, making the market a useful barometer of alternative expectations.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for outcome shares, and the clearing price reflects the balance of buy and sell pressure. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Shares are denominated in cents per dollar of payout, so a price of 45 cents means the market assigns roughly 45% implied probability to that outcome. As traders update their views on Austin's July 1 low, prices shift to reflect new consensus.
This market resolves around Jul 2, 2026, once July 1, 2026 has passed and the day's low temperature is verifiable from credible public reporting. The outcome is determined by comparing the recorded low against the temperature thresholds defined in each outcome option. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless.
Major climate patterns—including El Niño or La Niña phases, seasonal heat waves, and upper-atmosphere pressure systems—can shift long-term temperature expectations for Austin. Seasonal forecasts released by NOAA or other meteorological agencies may prompt repricing. As July 1, 2026 approaches, updated weather models and real-time atmospheric data will narrow uncertainty, causing sharper price movements. Unusual heat events in preceding months or shifts in the jet stream could also trigger significant trader repositioning in this market.