TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 8, 3:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Denver 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 Denver on July 7, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the Denver, CO 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 often diverge from traditional meteorological forecasts because they incorporate real-time trader conviction and broader information flows beyond standard weather models. While meteorologists rely on physics-based atmospheric simulations, this market aggregates the collective judgment of traders who may weigh seasonal patterns, climate anomalies, and historical Denver July data differently. Comparing the implied probability from this market to published forecasts from the National Weather Service or private weather firms can reveal where market participants see undervalued or overvalued outcomes. Such comparisons help identify whether consensus is anchored to official guidance or reflecting alternative views on temperature extremes.
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 bid-ask spread reflects the current liquidity and disagreement among participants; tighter spreads indicate higher confidence and trading volume, while wider spreads suggest uncertainty or lower participation. Prices move in real time as new orders flow in, allowing the market to continuously update its assessment of the most likely lowest temperature. Your entry and exit prices depend on the live order book at the moment of trade execution.
This market resolves around Jul 8, 2026, once the event date has passed and the lowest temperature for Denver on July 7, 2026 can be verified. The outcome is confirmed when credible public weather data becomes available, typically from official meteorological records or widely recognized temperature monitoring sources. Traders holding positions aligned with the verified outcome receive their winnings, while those on the wrong side of the prediction realize losses. Resolution timing depends on data availability and platform processing, but generally occurs within hours to a day after the event concludes.
Major weather pattern shifts, updated seasonal climate forecasts, and historical analogs for July temperatures in Denver can all drive significant price moves. El Niño or La Niña developments, polar vortex positioning, and jet stream anomalies influence long-range temperature predictions and trader positioning. As July 2026 approaches, real-time weather models become more precise, often triggering sharp repricing. Media coverage of extreme heat or cold events elsewhere can also shift sentiment about temperature extremes. Traders monitoring climate indices, NOAA outlooks, and historical Denver July records will likely adjust positions as new information emerges.