TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 4:00 AM EST
Kalshi
This market tracks the lowest overnight temperature recorded in Seattle on July 1, 2026. The outcome will be determined by official National Weather Service daily climate data from Seattle-Tacoma, which may differ from other weather sources due to measurement methodology and rounding conventions.
Resolution is based on the minimum temperature recorded at Seattle on July 1, 2026, according to the National Weather Service's Climatological Report (Daily) for Seattle-Tacoma, WA. The official data source is accessed via the NWS Seattle office website under the Observed Weather tab. Temperature readings are divided into six ranges: 45°F or below, 46-47°F, 48-49°F, 50-51°F, 52-53°F, and 54°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 report should be used for resolution rather than real-time or third-party weather services.
Prediction market odds often diverge from traditional meteorological forecasts because they incorporate real-time trader behavior, economic incentives, and collective intelligence beyond standard weather models. While meteorologists rely on atmospheric data and historical patterns, this market aggregates the beliefs of many participants who have financial skin in the game. Over time, prediction markets have proven competitive with or superior to expert forecasts on similar events, though they remain most reliable closer to the resolution date when information becomes more concrete.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects the collective willingness of buyers and sellers to transact at that level, with spreads tightening as more liquidity enters the market. Prices move continuously based on new information, seasonal weather patterns, and trader positioning, creating a dynamic real-time signal of market belief.
This market resolves around Jul 2, 2026, after July 1, 2026, has passed and the lowest temperature recorded in Seattle that day is verified against credible public sources. The outcome is determined by the actual meteorological data from that date, confirmed once reporting is finalized. Traders holding positions aligned with the true outcome receive their winnings, while those on the wrong side of the prediction incur losses.
Major shifts in long-range climate forecasts, El Niño or La Niña patterns, and seasonal anomalies can all influence trading activity in this market. As 2026 approaches, updated meteorological models and historical temperature trends for early July in Seattle will become more precise, driving repricing. Additionally, any unusual atmospheric events—such as heat waves or cold fronts affecting the Pacific Northwest—reported in the months leading up to July 1 could trigger significant market movement as traders adjust their positions.