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 27, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Minneapolis on June 26, 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 Minneapolis on June 26, 2026, according to the National Weather Service's Climatological Report (Daily), accessed via the Minneapolis/St Paul, MN 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. Each outcome corresponds to a specific temperature range: 52°F or below, 53-54°F, 55-56°F, 57-58°F, 59-60°F, or 61°F and above.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-time trader behavior, financial incentives, and forward-looking expectations. While meteorologists rely on atmospheric models and historical climate data, this market aggregates the views of participants who have skin in the game. Traders may price in tail risks or consensus shifts faster than official forecasts update. Comparing the implied probabilities here to published seasonal outlooks from the National Weather Service can reveal where market participants see opportunities or risks that conventional analysis may underweight.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for shares corresponding to different temperature 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; as more traders buy shares predicting a colder low, that outcome's price rises, and vice versa. Prices range from near zero to near 100, representing the implied probability of that temperature band occurring. Your position's value fluctuates with every trade, and you can exit at any time by selling your shares at the current market price.
This market resolves around Jun 27, 2026, once the lowest temperature recorded in Minneapolis on June 26, 2026 is verified and finalized. The outcome is confirmed against credible public sources documenting the actual low temperature for that day. Traders holding shares in the outcome bracket that matches the official reading receive their payout, while other positions expire worthless. The resolution process is deterministic and based on observable meteorological data, ensuring all participants can independently verify the result.
Several factors could shift odds in this market. Seasonal climate patterns and long-range weather models updated throughout 2025 and early 2026 will influence trader positioning. Major atmospheric events—such as shifts in the jet stream, El Niño or La Niña conditions, or anomalous warming or cooling trends—could trigger repricing. As June 2026 approaches, medium-range forecasts become more reliable, typically causing sharper price movements. News about climate anomalies, historical temperature records, or unusual weather patterns in the upper Midwest may also prompt traders to adjust their bets on how cold that particular day will be.