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 8, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Austin on July 7, 2026, using official National Weather Service data from Austin Bergstrom Airport. The outcome is determined by which temperature range the daily minimum falls into, ranging from 70°F or below up to 79°F or above.
Resolution is based on the minimum temperature recorded at Austin Bergstrom on July 7, 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 for Austin Bergstrom with Daily Climate Report selected. Temperature ranges are: 70°F or below, 71-72°F, 73-74°F, 75-76°F, 77-78°F, and 79°F or above. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) value takes precedence over other weather sources.
Prediction market odds reflect real-money bets from traders who profit or lose based on accuracy, creating a financial incentive to incorporate the latest meteorological data and expert analysis. Traditional weather forecasts from meteorologists and climate analysts typically rely on deterministic models and historical patterns. This market aggregates dispersed information from many participants, often revealing consensus or disagreement with official forecasts. When odds diverge significantly from analyst predictions, it may signal either new information traders have priced in or skepticism about conventional models for that particular date and location.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share pays out based on the verified low temperature on July 7, 2026, creating a direct link between price and probability. Traders compete to set bids and asks, and the spread between them reflects uncertainty and liquidity. As new information arrives—updated forecasts, seasonal shifts, or climate data—traders adjust positions, moving the market price to reflect evolving expectations about the actual low temperature.
This market resolves around Jul 8, 2026, once the lowest temperature recorded in Austin on July 7, 2026 is verified against credible public sources. The outcome is determined by comparing the actual low temperature to the threshold or range specified in the market contract. Traders who correctly predicted which side of the threshold the temperature would fall on receive their payout, while incorrect predictions result in a loss. Resolution happens shortly after the date passes and official temperature data becomes available.
Major weather pattern shifts, updated seasonal forecasts, and climate anomalies can significantly move odds in this market. El Niño or La Niña developments, jet stream positioning, and long-range atmospheric models will influence trader expectations. Real-time weather alerts, heat waves, or cold fronts affecting Texas in the weeks leading up to July 7 will trigger repricing. Historical temperature records for that date, urban heat island effects, and broader climate trends also factor into trading decisions. As the date approaches, short-range forecasts become more precise, typically narrowing the range of possible outcomes and stabilizing prices.