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 12, 4:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Los Angeles on July 11, 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 Los Angeles Airport on July 11, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the Los Angeles Airport, CA location on the NWS website. The official temperature data from this source takes precedence over preliminary reports or third-party weather services. Temperature measurements may be subject to rounding and conversion nuances in preliminary NWS data, so traders should exercise caution when interpreting early reports and rely on the final NWS Climatological Report (Daily) for definitive resolution.
Prediction market odds often diverge from traditional meteorological forecasts because they incorporate real-time trader behavior, historical volatility, and forward-looking risk premiums. While weather analysts rely on numerical models and atmospheric data to project July temperatures in Los Angeles, this market aggregates the distributed knowledge of many participants betting with real money. Traders may price in tail risks or seasonal anomalies that statistical models underweight. Comparing the odds here to published forecasts from the National Weather Service or other meteorological institutions can reveal where the market sees asymmetric opportunities or where consensus may be shifting.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks for specific temperature ranges or point outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each contract reflects the probability that traders assign to that outcome occurring. As new information arrives—such as updated climate models or seasonal data—traders adjust their positions, moving the price up or down. Tighter spreads between bid and ask indicate higher confidence and liquidity, while wider spreads suggest uncertainty or lower trading activity around that particular outcome.
This market resolves around Jul 12, 2026, after July 11, 2026 has concluded. The outcome is determined by the verified lowest temperature recorded in Los Angeles on that date, confirmed once the event is observable from credible public reporting. Traders holding positions aligned with the actual low temperature will receive payouts proportional to their stake, while those on the wrong side will lose their investment. Resolution is final once the data is locked in and the platform processes all settlements.
Major climate patterns, seasonal forecasts, and long-range weather models will drive price movement in this market. El Niño or La Niña conditions, shifts in the Pacific jet stream, and updated seasonal outlooks from meteorological agencies can all shift trader expectations. Real-time weather alerts, heat waves, or unusual cold snaps in the months leading up to July 2026 may also influence odds. Additionally, any revisions to historical temperature records or changes in how the National Weather Service measures Los Angeles temperatures could reshape market pricing as traders reassess baseline assumptions and volatility expectations.