TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 9, 4:00 AM EST
Kalshi
This market tracks the overnight low temperature in Los Angeles on July 8, 2026, as recorded by the National Weather Service at Los Angeles Airport. The outcome will be determined by the official NWS Climatological Report (Daily) for that date, with temperature ranges divided into six distinct brackets.
Resolution is based on the minimum temperature recorded at Los Angeles Airport on July 8, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the Los Angeles NWS office. The official data source is the NWS Daily Climate Report, not preliminary reports or third-party weather services. Temperature outcomes are divided into six ranges: 56°F or below, 57-58°F, 59-60°F, 61-62°F, 63-64°F, and 65°F or above. Each range corresponds to a separate market outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and should use the final version of the Daily Climate Report for the specified date.
Prediction market odds reflect the collective judgment of traders betting real money on outcomes, whereas traditional weather analysts rely on numerical models and historical patterns. This market aggregates dispersed information from many participants, often surfacing consensus faster than single-institution forecasts. Comparing odds here to published meteorological predictions for July 8, 2026 can reveal where traders see value or disagreement with official guidance. Markets tend to update continuously as new data arrives, while analyst forecasts typically refresh on fixed schedules.
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 bid-ask spread reflects the current consensus and liquidity; tighter spreads indicate higher confidence and trading activity, while wider spreads suggest uncertainty or lower participation. As traders place orders, prices adjust in real time, allowing you to enter or exit positions at market rates or set limit orders to execute at your target price.
This market resolves around Jul 9, 2026, after the lowest temperature for Los Angeles on July 8, 2026 is recorded and verified. The outcome is confirmed once the event is verifiable from credible public reporting, ensuring all traders have access to the same authoritative data. Once resolution occurs, payouts are distributed according to which outcome bracket or range you held shares in at close.
Major weather pattern shifts, seasonal forecasts, and climate anomalies can drive significant price swings in this market. El Niño or La Niña developments, atmospheric pressure systems, and long-range model updates typically trigger trader repositioning. As July 8, 2026 approaches, medium-range forecasts become more reliable, often causing sharper repricing. Real-time weather alerts, unexpected heat waves or cold snaps in the preceding weeks, and any unusual atmospheric conditions will likely accelerate trading activity and adjust odds closer to the event date.