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: Jun 16, 4:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Los Angeles on June 15, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Los Angeles Airport, which measures the minimum temperature reached during that calendar day.
Resolution is based on the minimum temperature recorded at Los Angeles Airport on June 15, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Los Angeles office website under the Observed Weather section for Los Angeles Airport with Daily Climate Report selected. Temperature readings are divided into six consecutive ranges: 55°F or below, 56-57°F, 58-59°F, 60-61°F, 62-63°F, and 64°F or above. Each range corresponds to a separate market outcome that resolves to Yes if the recorded minimum temperature falls within that range. 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, superseding other weather services.
Prediction market odds reflect aggregated trader beliefs and often diverge from traditional meteorological forecasts. While weather analysts rely on numerical models and historical climate data to project June temperatures in Los Angeles, this market prices in real-time information and trader conviction. Markets tend to incorporate late-breaking data—such as updated climate patterns or seasonal anomalies—faster than published forecasts. Comparing the leading outcome odds to consensus analyst predictions can reveal where traders see value or risk. Both sources offer complementary perspectives: analysts provide technical depth, while market odds capture distributed knowledge and financial incentives for accuracy.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to each temperature outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome is quoted as a decimal price between 0 and 1, reflecting the implied probability that the lowest temperature will fall within that bracket. Traders profit by correctly predicting whether the actual low will exceed or fall short of their chosen threshold. The platform matches buyers and sellers in real time, and prices adjust dynamically based on order flow and new information. Tighter spreads indicate higher confidence in a particular outcome, while wider spreads suggest greater uncertainty among market participants.
This market resolves around Jun 16, 2026, once the lowest temperature recorded in Los Angeles on June 15, 2026 is verified and confirmed. The outcome is determined by comparing the actual low temperature against the predefined brackets offered in the market. Resolution relies on credible public reporting from established meteorological sources to ensure accuracy and fairness. Traders holding shares in the correct outcome bracket receive their payout once verification is complete. The exact timing of resolution may extend slightly beyond the event date to allow for data confirmation and any necessary reconciliation.
Several factors could shift odds significantly before resolution. Major weather pattern changes—such as shifts in the jet stream, tropical systems, or high-pressure systems affecting Southern California—typically trigger sharp repricing. Updated seasonal forecasts from meteorological agencies often move the market as new data becomes available. Climate anomalies or unusual heat or cold events in nearby regions can signal broader atmospheric trends. News about El Niño, La Niña, or other ocean-atmosphere cycles may influence trader positioning. As June 15 approaches, real-time weather models become more precise, often causing volatility in the final weeks. Traders monitoring extended forecasts and atmospheric indices can identify early signals before consensus shifts.