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: Jul 7, 2:00 AM EST
Kalshi
This market tracks the overnight low temperature in Dallas on July 6, 2026. The outcome will be determined by the official National Weather Service daily climatological report for the Dallas/Fort Worth area, which records the minimum temperature reached during that calendar day.
Resolution is based on the minimum temperature recorded at Dallas on July 6, 2026, as reported in the National Weather Service's Climatological Report (Daily) accessible via the Dallas/Fort Worth NWS office. The official data source is the NWS Daily Climate Report for Dallas/Fort Worth, TX, available through the specified NWS regional office portal. 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 for resolution. While secondary sources like AccuWeather or Google Weather may provide guidance, only the NWS Climatological Report (Daily) value is used for final determination.
Prediction market odds reflect real-money bets from traders who have financial incentive to forecast accurately, often incorporating the latest meteorological data and seasonal trends. Analyst forecasts from weather services typically rely on deterministic models and historical climate patterns. This market aggregates dispersed trader knowledge into a single price, which can diverge from any single analyst's point estimate. Over time, prediction markets have demonstrated competitive accuracy against traditional forecasting methods, particularly when traders have access to the same underlying data that meteorologists use.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects the collective willingness of buyers and sellers to transact at that level, with tighter spreads indicating higher confidence and liquidity. As new weather information becomes available or trading interest shifts, prices adjust dynamically. Traders can enter limit or market orders to express their views on the lowest temperature Dallas will experience on the specified date.
This market resolves around Jul 7, 2026, after the date in question has passed and the actual low temperature for Dallas on July 6, 2026 can be verified. The outcome is determined by comparing the observed temperature against the predefined outcome categories established at market creation. Once credible public reporting confirms the verified low temperature for that day, the market settles and traders' positions are finalized based on which outcome bracket the actual temperature falls into.
Major weather pattern shifts, including changes to the jet stream or tropical system development, could significantly move this market. Updated seasonal climate forecasts and historical temperature anomalies for early July in Dallas may influence trader positioning. Real-time meteorological alerts, atmospheric pressure systems, and long-range model consensus updates all serve as potential catalysts. Additionally, any revision to how temperature is officially measured or reported could prompt repricing. Traders monitor these signals continuously to adjust their positions ahead of the July 6, 2026 outcome.