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 17, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Philadelphia on June 16, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Philadelphia, which provides the authoritative minimum temperature measurement for that date.
Resolution is based on the minimum temperature recorded at Philadelphia, PA on June 16, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS website at the specified URL, selecting Philadelphia, PA with Daily Climate Report. The minimum temperature is divided into six ranges: 52°F or below, 53-54°F, 55-56°F, 57-58°F, 59-60°F, and 61°F or above. Each range corresponds to a distinct market outcome. 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 definitive source, superseding other weather services.
Prediction market odds reflect real-money trader expectations and often incorporate meteorological forecasts, historical temperature patterns, and climate models faster than traditional analyst consensus. While weather services and climatologists publish seasonal outlooks and long-range forecasts, this market aggregates dispersed trader knowledge into a single price signal. Comparing the implied probability here to published forecasts from the National Weather Service or academic climate models can reveal where the crowd sees value or risk relative to expert opinion.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The bid-ask spread reflects the liquidity and confidence around each outcome; tighter spreads indicate higher certainty, while wider spreads suggest uncertainty. As new information arrives—seasonal weather patterns, climate anomalies, or updated forecasts—traders adjust their positions, moving the price to reflect evolving expectations about the lowest temperature on that date.
This market resolves around Jun 17, 2026, after June 16, 2026 has passed and the lowest temperature for that day can be verified. The outcome is confirmed once credible public reporting documents the actual low temperature recorded in Philadelphia on that date. Traders holding shares in the correct outcome receive their payout once the event is finalized and the market settles.
Major weather pattern shifts, updated seasonal climate forecasts, and historical temperature anomalies can all influence trader positioning in this market. El Niño or La Niña conditions, changes in jet stream behavior, or unusual atmospheric pressure systems over the Northeast may prompt repricing. Additionally, as June 2026 approaches, short-range weather models become more reliable, often triggering sharp price movements. Traders monitoring long-range forecasts and climate indices will likely adjust their bets as new data refines expectations for that specific day.