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 7, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Boston on July 6, 2026, using official National Weather Service data from Boston Logan Airport. The outcome will be determined by the minimum temperature reading on that specific date.
Resolution is based on the minimum temperature recorded at Boston Logan Airport on July 6, 2026, as reported in the National Weather Service's Climatological Report (Daily). The temperature is divided into six ranges: 54°F or below, 55-56°F, 57-58°F, 59-60°F, 61-62°F, and 63°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 Boston Logan Airport 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 meteorologist forecasts because traders incorporate broader information sets, including long-range climate patterns, historical July temperatures in Boston, and real-time model updates. While weather analysts typically issue deterministic point forecasts or narrow confidence bands, this market aggregates distributed trader beliefs into continuous probability estimates. Over time, prediction markets have demonstrated competitive accuracy against expert forecasts, particularly when traders have financial incentive to reflect genuine uncertainty. Comparing current odds to the latest National Weather Service guidance can reveal where market participants expect conditions to deviate from conventional predictions.
On Kalshi, this market is priced through an automated market maker that converts trader buy and sell orders into real-time odds for each temperature outcome bracket. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders purchase shares representing their belief about whether the low will fall within a specific range, and the platform adjusts prices dynamically based on order flow and remaining liquidity. As more capital flows into higher or lower temperature outcomes, odds shift to reflect the changing balance of trader conviction. This continuous repricing mechanism ensures the market remains responsive to new information and maintains tight spreads between bid and ask prices.
This market resolves around Jul 7, 2026, once the lowest temperature recorded in Boston on July 6, 2026 is confirmed and verifiable from credible public sources. The outcome is determined by official temperature data, typically from the National Weather Service or equivalent meteorological authority. Traders' positions settle based on which outcome bracket contains the verified low temperature for that day. Resolution occurs shortly after the trading window closes and the final data is published, allowing payouts to be distributed to winning positions.
Major signals that could shift odds include updated seasonal forecasts, changes in large-scale atmospheric patterns like jet stream positioning, and any unusual heat or cold anomalies affecting the Northeast. Real-time weather model runs released in the days leading up to July 6 will likely trigger significant repricing as traders incorporate more precise guidance. Historical precedent—such as unusually cool or warm July temperatures in prior years—may influence trader positioning. Additionally, broader climate trends or any documented shifts in Boston's microclimate could prompt traders to adjust their probability estimates as the event date approaches.