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 Dallas on July 7, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with resolution based on which temperature range the recorded minimum falls into.
Resolution is determined by the minimum temperature recorded at Dallas/Fort Worth on July 7, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the Dallas/Fort Worth, TX location on the NWS website. The official data source is the NWS Climatological Report rather than preliminary reports or third-party weather services. Temperature measurements may be subject to rounding and conversion nuances in preliminary NWS data, so traders should verify against the final official report. The minimum temperature will fall into one of six defined ranges, each corresponding to a specific outcome.
Prediction market odds reflect real-money trader consensus and often diverge from traditional weather forecasts issued by meteorologists and climate analysts. While professional forecasters rely on atmospheric models and historical data, this market aggregates the collective judgment of traders who face financial consequences for inaccuracy. Comparing the implied probability from market odds to published analyst predictions can reveal where traders expect conditions to differ from conventional forecasts, offering an alternative lens on expected outcomes for the Dallas low temperature on that date.
On Kalshi, this market is priced through a continuous 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 supply and demand, with higher prices indicating greater trader confidence in that outcome occurring. As new information emerges or traders adjust their views, the bid-ask spread tightens or widens, and the equilibrium price shifts to reflect updated market sentiment about the lowest temperature Dallas will experience on July 7, 2026.
This market resolves around Jul 8, 2026, once the event has occurred and the lowest temperature for Dallas on July 7, 2026 can be verified from credible public sources. The outcome is determined by the actual recorded low temperature on that date, confirmed through established weather data providers and reporting. Traders holding positions in the correct outcome receive their winnings, while those on incorrect outcomes forfeit their stakes. Resolution timing depends on data availability and platform verification procedures following the close of the trading day.
Market prices for this outcome may shift based on seasonal weather pattern updates, long-range climate forecasts, and historical temperature trends for early July in Dallas. Major atmospheric systems, El Niño or La Niña conditions, and anomalies in upper-level wind patterns could influence trader expectations weeks or months in advance. As July 7, 2026 approaches, short-term meteorological forecasts and real-time weather data become increasingly relevant, potentially triggering sharp repricing. News about urban heat island effects, infrastructure changes, or regional climate patterns may also prompt traders to adjust positions before the market closes.