TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 2:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Oklahoma City on July 4, 2026. The outcome will be determined by the National Weather Service's official daily climatological report for Oklahoma City Will Rogers Airport, which provides the most authoritative temperature measurement for the region.
Resolution is based on the minimum temperature recorded at Oklahoma City Will Rogers Airport on July 4, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Southern Region Climate portal under the Oklahoma City Will Rogers Airport location. Temperature ranges are divided into six bands: 68°F or below, 69-70°F, 71-72°F, 73-74°F, 75-76°F, and 77°F or above. Each band corresponds to a distinct outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official report should be used for resolution rather than real-time weather services.
Prediction market odds reflect real-time aggregated trader beliefs and often incorporate a broader range of data—from historical weather patterns to seasonal models—than any single analyst forecast. While meteorologists publish point estimates and confidence intervals for summer temperatures, this market prices in uncertainty and disagreement across many participants. Over time, prediction markets have shown competitive accuracy against traditional forecasts because traders face financial incentive to incorporate all available information. Comparing the implied probability here to published National Weather Service or climate analyst expectations can reveal where the crowd sees edge or risk.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for contracts representing different temperature ranges or 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 traders assign to that outcome, with higher prices indicating greater confidence. As new information arrives—updated seasonal forecasts, historical comparisons, or climate data—traders adjust their positions, moving prices up or down. The spread between bid and ask widens or tightens based on liquidity and disagreement among participants.
This market resolves around Jul 5, 2026, once July 4, 2026 has passed and the lowest temperature for that day in Oklahoma City can be verified. The outcome is confirmed using credible public weather data sources that record the official low temperature. Traders holding contracts aligned with the verified outcome receive their payout, while those on the wrong side of the trade realize a loss. Resolution typically occurs within hours of the market end date once the temperature reading is finalized and published.
Major shifts in seasonal climate forecasts, updates to long-range weather models, and historical temperature anomalies for early July in Oklahoma can all drive significant price movement. El Niño or La Niña patterns, shifts in the jet stream, and broader heat-dome forecasts will influence trader positioning. As July 4, 2026 approaches, short-range forecasts from the National Weather Service become more precise, typically triggering sharper repricing. Real-time weather developments in the days leading up to the event—heat waves, cold fronts, or unusual atmospheric conditions—will be the final catalyst for last-minute trading activity.