TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 21, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Philadelphia on June 20, 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 20, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS website by navigating to the Observed Weather tab and selecting Philadelphia, PA with Daily Climate Report. The reported minimum temperature will fall into one of six temperature ranges, each corresponding 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 preliminary estimates or third-party weather services.
Prediction market odds often diverge from traditional weather forecasts because they reflect real-money stakes and continuous updating by informed traders. While meteorologists issue deterministic temperature ranges based on models, this market aggregates the beliefs of participants who profit or lose based on accuracy. Comparing the implied probabilities here to published seasonal outlooks or local weather service guidance can reveal where the crowd sees asymmetric risk—for instance, if traders are pricing in a notably colder or warmer outcome than consensus models suggest.
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. Each contract represents a claim on a specific low-temperature band, and the bid-ask spread reflects the market's confidence in that outcome. As new information arrives—updated climate patterns, historical analogs, or real-time weather data—traders adjust their positions, moving prices to reflect shifting probabilities.
This market resolves around Jun 21, 2026, once June 20, 2026 has passed and the actual low temperature for Philadelphia can be verified. The outcome is confirmed against credible public sources that record the day's minimum temperature. Traders holding the correct outcome receive their payout, while incorrect positions expire worthless. The resolution hinges on an objective, observable measurement rather than subjective interpretation.
Major climate pattern shifts, seasonal forecasts, and long-range weather models will drive price movement in this market. El Niño or La Niña transitions, Arctic oscillation changes, and updated ensemble forecasts from meteorological agencies can reshape trader expectations weeks or months ahead. As June 2026 approaches, real-time weather data, jet-stream positioning, and high-resolution model runs will become increasingly influential. Historical temperature records and anomalies for that date may also prompt repricing as traders calibrate their bets.