TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 7, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Austin on July 6, 2026, using official National Weather Service data from Austin Bergstrom Airport. The outcome will be determined by the minimum temperature reading on that specific date.
Resolution is based on the minimum temperature recorded at Austin Bergstrom on July 6, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature is divided into six ranges: 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 outcome. Official data must be obtained from the NWS Climatological Report via the specified URL, selecting Austin Bergstrom with Daily Climate Report. While preliminary NWS data and third-party weather sources may provide guidance, the final determination uses only the official NWS Climatological Report (Daily) value. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect the final reading.
Prediction market odds often diverge from traditional weather analyst forecasts because they reflect real-money incentives and crowd wisdom rather than single-model outputs. While meteorologists rely on physics-based models and historical patterns, traders in this market incorporate a broader range of signals—including ensemble forecasts, climate patterns, and historical July weather in Austin. Comparing the implied probabilities here to published forecasts from the National Weather Service or private meteorology firms can reveal where the crowd sees opportunities that conventional models may have missed or underweighted.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges. 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 temperature band. As new information arrives—updated forecasts, seasonal patterns, or real-time weather developments—traders adjust their positions, moving prices to reflect the latest consensus on what the low will be.
This market resolves around Jul 7, 2026, after July 6, 2026 has passed and the actual low temperature for Austin is recorded. The outcome is confirmed once the event is verifiable from credible public reporting, ensuring all traders have access to the same authoritative data. Once resolved, payouts are distributed to holders of the winning temperature outcome, concluding the trading period for this event.
Major weather pattern shifts, updated seasonal forecasts, and historical climate anomalies can all drive significant price moves in this market. El Niño or La Niña conditions, jet stream positioning, and long-range ensemble models released closer to July 2026 will likely influence trader positioning. Additionally, any unusual heat waves or cold snaps affecting the broader South-Central U.S. region may prompt traders to reassess their temperature expectations, causing volatility in the odds as the event date approaches.