TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 12, 1:00 AM EST
Kalshi
The minimum temperature in Philadelphia on June 11, 2026, will be recorded by the National Weather Service, with the outcome depending on which temperature range is observed.
Resolution is determined by the minimum temperature recorded at Philadelphia, Pennsylvania on June 11, 2026, as reported in the National Weather Service's Climatological Report (Daily). The market divides the temperature range into five distinct bands: 64°F or below, 65-66°F, 67-68°F, 69-70°F, 71-72°F, and 73°F or above. Each temperature range corresponds to a specific market outcome. Official data must be obtained from the NWS Climatological Report accessed via the specified URL, selecting Philadelphia, PA with Daily Climate Report. While preliminary data from other sources like AccuWeather or Google Weather may provide guidance, only the official NWS Climatological Report (Daily) determines final resolution. Traders should be aware that preliminary NWS reporting and measurement methods may involve rounding and conversion nuances that could affect interpretation of borderline values.
Prediction market odds on Kalshi represent real-money consensus from traders and differ from traditional weather analyst forecasts. While meteorologists issue deterministic or probabilistic forecasts based on numerical weather models, prediction markets aggregate trader beliefs into implied probabilities. Comparing the two can reveal whether markets are pricing in more or less downside risk than official forecasts suggest. Analyst models typically update daily as new atmospheric data arrives, while market odds adjust continuously based on trader activity and sentiment shifts throughout the event window.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature in Philadelphia on June 11 is priced as a set of binary or range-based contracts, each representing a specific temperature threshold or band. Traders buy or sell shares at prices between 0 and 100 cents, where the price reflects the implied probability of that outcome occurring. As new weather data, seasonal patterns, and climate signals emerge, traders adjust their positions, moving prices up or down. The final settlement depends on the actual recorded low temperature on that date, with payouts determined by which contract range or threshold the official reading falls into.
The market resolves on Jun 12, 2026, after the close of trading and once the official low temperature for Philadelphia on June 11, 2026, is recorded. The outcome is determined by the actual minimum temperature observed at the designated weather station or official meteorological source for that day. Once the reading is confirmed and published, the market settles automatically, and traders' positions are paid out according to which outcome bracket or threshold the final temperature matched. Resolution typically occurs within hours of market close on the settlement date.
Several factors can shift market odds for Philadelphia's June 11 low temperature. Major weather pattern changes, such as the approach of cold fronts, high-pressure systems, or tropical moisture, will trigger trader repositioning as forecasts update. Seasonal climate anomalies, including La Niña or El Niño phases, influence regional temperature trends. Historical analogs and long-range ensemble forecasts may sway sentiment weeks in advance. As June 11 approaches, daily weather model runs become more reliable, often causing sharp price moves. Urban heat island effects, cloud cover, and wind patterns closer to the event date will also drive final adjustments in market pricing.