TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 4, 4:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Seattle on July 3, 2026. The outcome will be determined by the National Weather Service's official daily climatological report for Seattle-Tacoma, which provides the authoritative temperature measurement for the region.
Resolution is based on the minimum temperature recorded at Seattle on July 3, 2026, as reported in the National Weather Service's Climatological Report (Daily) for Seattle-Tacoma, WA. The temperature will be categorized into one of six ranges: 49°F or below, 50-51°F, 52-53°F, 54-55°F, 56-57°F, or 58°F and above. Official data must be obtained from the NWS Climate portal at the specified URL, selecting the Seattle-Tacoma location with Daily Climate Report. 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 readings or third-party weather services.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-time trader sentiment and broader uncertainty. While meteorologists issue deterministic temperature predictions based on atmospheric models, this market reflects probabilistic views across many participants with varying risk tolerances and information. Comparing the implied odds here to seasonal climate outlooks from NOAA or other agencies can reveal whether traders are pricing in more or less extreme outcomes than official forecasters expect, offering a complementary perspective on July weather risk.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for outcome shares. 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 balance of buy and sell orders, with the spread between bid and ask tightening as liquidity increases. Traders profit by correctly predicting whether the lowest temperature will fall into their chosen range, and prices adjust continuously as new information and trading activity flow in.
This market resolves around Jul 4, 2026, after July 3, 2026 has passed and the lowest temperature for that day in Seattle can be verified. The outcome is confirmed once credible public weather data becomes available, typically from official meteorological records or established weather stations serving the Seattle area. Traders holding shares in the correct outcome receive their payout once the final temperature is recorded and the market settles.
Major weather pattern shifts, seasonal climate forecasts, and atmospheric anomalies will likely drive price movement in this market. El Niño or La Niña conditions, jet stream positioning, and heat dome formation across the Pacific Northwest are key catalysts. Additionally, real-time weather updates closer to July 2026, historical temperature comparisons, and any unusual climate events in the months leading up to the date could prompt traders to adjust their positions, causing odds to fluctuate significantly.