TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 13, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Philadelphia on June 12, 2026. The outcome is determined by the daily minimum temperature reported by the National Weather Service for Philadelphia, Pennsylvania, divided into six temperature bands ranging from 68°F or below to 77°F or above.
Resolution is based on the minimum temperature recorded at Philadelphia on June 12, 2026, as reported in the National Weather Service's Climatological Report (Daily) for Philadelphia, PA. The official data source is accessed via the NWS Philadelphia office website under the Observed Weather tab. Temperature bands are: 68°F or below, 69-70°F, 71-72°F, 73-74°F, 75-76°F, and 77°F or above. 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 real-money commitments from traders with skin in the game, often incorporating meteorological data and seasonal patterns faster than traditional forecasts update. While weather analysts publish point estimates and confidence intervals based on numerical models, this market aggregates dispersed information through price discovery. Both sources can diverge significantly weeks ahead of the event; markets tend to reprice sharply as the date nears and new model runs become available, whereas analyst consensus may lag.
On Kalshi, this market is priced through a continuous 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 platform converts these orders into implied probabilities displayed as odds; higher prices reflect stronger consensus that a given temperature range will occur. Liquidity and spreads vary with trading volume, so checking the current bid-ask spread helps you understand execution costs when entering or exiting positions.
This market resolves around Jun 13, 2026, after the date in question has passed and the actual low temperature for Philadelphia on June 12, 2026 can be verified. The outcome is confirmed once credible public reporting establishes the official reading, typically from the National Weather Service or equivalent meteorological authority. All open positions settle according to which outcome bracket the verified temperature falls into.
Major shifts in long-range weather models, seasonal climate patterns, and atmospheric indices like El Niño or the North Atlantic Oscillation can drive significant repricing. As June 2026 approaches, updated forecast models will narrow uncertainty and trigger sharp moves. Unusual heat waves or cold snaps in the weeks prior may also shift trader expectations about regional temperature anomalies, while media coverage of extreme weather events can influence sentiment independent of meteorological fundamentals.