TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 8, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in San Antonio on July 7, 2026. The outcome will be determined by the official National Weather Service daily climatological report for San Antonio, which provides the authoritative minimum temperature measurement for that date.
Resolution is based on the minimum temperature recorded at San Antonio on July 7, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed through the NWS Southern Region Climate portal at the San Antonio location. Temperature ranges are divided into six bands: 69°F or below, 70-71°F, 72-73°F, 74-75°F, 76-77°F, and 78°F or above. Each band 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 report should be used for resolution rather than real-time or third-party weather services.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader behavior and incentives. While meteorologists rely on atmospheric models and historical data, market participants price in broader uncertainty and adjust dynamically as new information arrives. This market aggregates dispersed knowledge from many traders with financial stakes in accuracy, sometimes revealing consensus that differs from a single analyst's point estimate. Comparing the odds here to published forecasts from the National Weather Service or regional meteorologists can highlight where the crowd sees additional risk or opportunity that conventional models may underweight.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome has a price between 0 and 100 cents, reflecting the implied probability that the lowest temperature will fall within that range. As traders submit bids and asks, the mid-market price adjusts to reflect supply and demand. Kalshi's matching engine executes trades instantly when orders cross, ensuring transparent price discovery. The spread between buy and sell prices tightens as volume increases, rewarding active participation and providing tighter entry and exit points for serious forecasters.
This market resolves around Jul 8, 2026, once the lowest temperature recorded in San Antonio on July 7, 2026 is verified against credible public sources. The outcome is determined by official temperature readings from established meteorological stations serving the San Antonio area. Once the event date passes and data is confirmed, the market settles according to which outcome bracket the actual low temperature falls into. Traders should monitor weather reporting from reliable sources in the days leading up to and immediately following July 7 to anticipate the likely resolution.
Major weather pattern shifts, seasonal anomalies, and updated climate forecasts can significantly move odds in this market. El Niño or La Niña conditions, jet stream positioning, and tropical activity in the Atlantic or Pacific may influence summer temperatures across Texas. Long-range forecast updates from the National Weather Service or Climate Prediction Center often trigger repricing as traders adjust their models. Historical heat waves or cool spells in early July can shift expectations about what constitutes a typical low for that date. As July 7, 2026 approaches, short-range forecasts become more precise, typically narrowing uncertainty and concentrating trading volume around the most likely outcome.