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 2, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Washington DC on July 1, 2026. The outcome is determined by the minimum temperature reading from the National Weather Service's official daily climatological report for that date.
Resolution is based on the minimum temperature recorded at Washington-National on July 1, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Regional Headquarters website under the Observed Weather tab. Temperature ranges are divided into six bands: 65°F or below, 66-67°F, 68-69°F, 70-71°F, 72-73°F, and 74°F or above, with each band corresponding to a distinct market outcome. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) serves as the authoritative source, superseding other weather data sources.
Prediction market odds reflect real-money bets from traders responding to the same weather data that professional meteorologists and climate analysts use. While traditional forecasters publish point estimates or confidence intervals months in advance, this market aggregates decentralized trader conviction into live probability distributions. The two often align on directional trends—warmer or cooler than historical norms—but can diverge when traders price in tail risks or consensus shifts faster than official updates. Comparing this market's odds to published seasonal forecasts reveals where the crowd sees asymmetric risk.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome bucket carries its own bid-ask spread, and the midpoint price reflects the marginal trader's belief about that temperature range's probability. As new information arrives—seasonal forecasts, climate patterns, or real-time weather updates—traders adjust their positions, moving prices up or down. The platform's matching engine ensures transparent price discovery and tight spreads during active trading hours.
This market resolves around Jul 2, 2026, after July 1, 2026 has passed and the day's low temperature is recorded. The outcome is confirmed once the verified low temperature for Washington DC on that date is available from credible public sources. Traders holding shares in the correct outcome bucket receive their payout, while incorrect positions expire worthless. The resolution window typically closes within 24–48 hours of the event, allowing time for official data confirmation.
Major climate pattern shifts, seasonal forecasts, and long-range weather models will drive price movement in this market. El Niño or La Niña transitions, polar vortex behavior, and jet stream positioning all influence summer temperatures in DC. Real-time weather updates closer to July 2026 will sharpen trader conviction, especially if anomalies emerge. Historical heat waves, urban heat island effects, and atmospheric blocking patterns are also tracked by active traders. Each new seasonal update or significant weather advisory typically triggers repricing as the market incorporates fresh information.