TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 26, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Austin on June 25, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Austin Bergstrom, which records the minimum temperature for that specific date.
Resolution is based on the minimum temperature recorded at Austin Bergstrom on June 25, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS website under the Austin office, Observed Weather tab, selecting Austin Bergstrom with Daily Climate Report. Temperature ranges are divided into six bands: 66°F or below, 67-68°F, 69-70°F, 71-72°F, 73-74°F, and 75°F or above. Each band corresponds to a distinct market outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) serves as the authoritative source, superseding other weather services.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-time trader sentiment and financial incentives alongside meteorological models. While professional meteorologists rely on physics-based atmospheric simulations, this market aggregates the collective judgment of participants who have money at stake. Seasonal climate patterns, historical Austin temperature data, and long-range forecasting uncertainty all influence how traders price outcomes. By late June, short-range forecasts typically narrow considerably, but the market may still reflect broader uncertainty about extreme heat events or unusual weather patterns that analysts weight differently.
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 price of a share reflects the collective probability assigned by the market. Traders profit if their prediction is correct when the market resolves, creating a direct financial incentive for accurate pricing. Liquidity and trading volume influence how tightly prices cluster around fair value, and wider spreads may appear during low-activity periods.
This market resolves around Jun 26, 2026, once the lowest temperature recorded in Austin on June 25, 2026 is verified against credible public sources. The outcome is determined by the actual observed low temperature on that date, confirmed through official meteorological records. Traders' positions settle based on which temperature band the verified low falls into, with payouts distributed accordingly. Resolution typically occurs within hours of the market close, pending data confirmation.
Long-range weather pattern shifts, including changes to the jet stream or tropical activity, can significantly alter temperature expectations for late June in Austin. Updated seasonal forecasts from meteorological agencies may shift trader positioning if they indicate warmer or cooler conditions. Major climate anomalies or heat waves affecting the broader South-Central United States could influence how traders price this outcome. As June 25 approaches, short-range forecast updates become increasingly reliable and can trigger sharp repricing. Historical precedent for extreme temperatures in Austin during late June also informs trader behavior and market dynamics.