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 10, 4:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Seattle on July 9, 2026. The outcome will be determined by the official National Weather Service Climatological Report for that date, with resolution based on which temperature range the recorded minimum falls into.
Resolution is determined by the minimum temperature recorded at Seattle-Tacoma on July 9, 2026, according to 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 Seattle-Tacoma, WA with Daily Climate Report. The recorded minimum temperature will fall into one of six ranges: 47°F or below, 48-49°F, 50-51°F, 52-53°F, 54-55°F, or 56°F or above. Each range corresponds to a distinct market outcome. Traders should note that preliminary NWS reporting may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) value takes precedence over other weather data sources such as AccuWeather or Google Weather.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-time trader sentiment and incentivize accuracy through financial stakes. While meteorologists publish deterministic temperature ranges based on atmospheric models, this market reflects what traders believe will actually occur, weighted by their confidence and capital allocation. Analyst forecasts tend to be more conservative and model-driven, whereas prediction markets can price in tail risks, historical volatility, and late-breaking data more dynamically. Over time, markets that attract diverse participants typically converge toward reliable probability estimates, though short-term divergences reveal where public opinion and expert consensus differ most sharply.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell contracts representing different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract's price directly reflects the implied probability of that outcome occurring, with buyers and sellers setting the odds through continuous trading. The platform displays the spread between the highest bid and lowest ask, and as volume accumulates, prices adjust to clear supply and demand. Traders can enter limit or market orders to position themselves, and the market price at any moment represents the marginal trader's assessment of the lowest temperature likelihood on the specified date.
This market resolves around Jul 10, 2026, after July 9, 2026 has concluded and the lowest temperature for that day is finalized. The outcome is determined by verified data from credible public weather sources that record Seattle's minimum temperature on that date. Once the event is observable and confirmed through reliable reporting, the market settles according to which outcome bracket the actual temperature falls into. Traders holding contracts aligned with the verified result receive their payout, while opposing positions expire worthless.
Several factors can shift odds significantly before resolution. Seasonal weather pattern updates, shifts in the jet stream, or atmospheric pressure systems developing weeks or months ahead may trigger repricing as meteorological models improve. Major climate anomalies or heat waves in the preceding months could influence trader expectations about July conditions. Real-time forecast updates released in the days immediately before July 9 typically drive the sharpest moves, as short-range models become more reliable. Additionally, historical temperature records for that date and any unusual urban heat island effects specific to Seattle may prompt traders to adjust positions as new information surfaces.