TOTAL VOLUME:
$134.2b
24H VOL:
$129,159,707
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,442,132,418
404,744
Markets across
30,489
events
MATCHED EVENTS:
2,691
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 Boston on Independence Day 2026. Resolution uses the official National Weather Service daily climatological report for Boston Logan Airport, which may differ from other weather sources due to measurement methodology and rounding conventions.
Resolution is determined by the minimum temperature recorded at Boston Logan Airport on July 4, 2026, according to the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Boston office website under the Observed Weather tab. Temperature ranges are: 68°F or below, 69-70°F, 71-72°F, 73-74°F, 75-76°F, and 77°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 reflect real-money incentives and live trader conviction rather than model-based estimates alone. While meteorologists issue probabilistic forecasts based on atmospheric data, this market prices in trader beliefs about actual outcomes, which can incorporate local knowledge, historical patterns, and late-breaking information. Over time, prediction markets have proven competitive with or superior to expert forecasts on similar events, though near-term volatility may create temporary gaps between the two signals.
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 contract represents a specific outcome—for example, whether the low will fall below a given threshold—and the market price reflects the balance of buy and sell orders at any moment. As new information arrives or trader sentiment shifts, prices adjust in real time, allowing you to enter or exit positions at the prevailing market rate.
This market resolves around Jul 5, 2026, once July 4, 2026 has passed and the day's low temperature can be verified. The outcome is determined by the actual lowest temperature recorded in Boston on that date, confirmed through credible public weather reporting. Your position settles based on whether the final temperature falls within the range you predicted, with payouts distributed according to the market rules.
Major climate patterns, seasonal forecasts, and long-range weather models will influence trader positioning as 2026 approaches. El Niño or La Niña conditions, shifts in the jet stream, and historical summer temperature trends for Boston can all shift odds. Additionally, as July 4 draws closer, updated meteorological forecasts and real-time atmospheric data will drive sharper price movements. Unusual heat waves or cold snaps in the preceding weeks may also prompt traders to adjust their bets on the specific low temperature.