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: Jul 1, 2:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in San Antonio on June 30, 2026. The outcome will be determined by the National Weather Service's official 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 June 30, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS South Region Climate portal under the San Antonio location. Temperature ranges are divided into six bands: 68°F or below, 69-70°F, 71-72°F, 73-74°F, 75-76°F, and 77°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. While secondary sources like AccuWeather or Google Weather may provide guidance, only the NWS Climatological Report (Daily) serves as the authoritative resolution source.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader behavior, financial incentives, and crowd wisdom rather than relying solely on meteorological models. While meteorologists publish seasonal outlooks and long-range forecasts, this market aggregates the beliefs of participants who have money at stake, potentially surfacing consensus or contrarian views that institutional forecasters may not emphasize. Over time, prediction markets have shown competitive accuracy against expert predictions, especially when traders have access to the same underlying data. Comparing the two approaches can reveal where expert opinion and market sentiment align or diverge.
On Kalshi, this market is priced through an 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 demand for a particular outcome increases, its price rises; conversely, selling pressure lowers it. Traders profit by buying low and selling high, or by correctly predicting which outcome will occur. The platform's matching engine ensures transparent price discovery and continuous liquidity throughout the trading period.
This market resolves around Jul 1, 2026, once June 30, 2026 has passed and the lowest temperature for that day in San Antonio is verifiable from credible public sources. The outcome is determined by comparing the recorded low against the temperature thresholds defined in each outcome option. Once the data is confirmed and published by authoritative weather reporting, the winning outcome is declared and traders' positions settle accordingly. All shares in the correct outcome are redeemed at full value, while incorrect positions expire worthless.
Several factors can shift odds in this market: updated seasonal climate forecasts, changes in long-range weather models, historical temperature anomalies for late June in Texas, and shifts in broader climate patterns such as La Niña or El Niño. Major weather events or heat waves in the region during spring and early summer may influence trader expectations. As June 2026 approaches, short-range forecasts become more reliable, typically triggering sharper price moves. Media coverage of extreme weather or climate reports can also sway sentiment. Traders monitor the National Weather Service, climate indices, and historical temperature records to inform their positions.