TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 4, 1:00 AM EST
Kalshi
This market tracks the overnight low temperature in Washington DC on July 3, 2026. The outcome will be determined by the official National Weather Service daily climatological report for that date, which records the minimum temperature reached during the 24-hour observation period at Washington-National Airport.
Resolution is based on the minimum temperature recorded at Washington-National on July 3, 2026, according to the National Weather Service's Climatological Report (Daily), accessed via the Washington DC station. The official data source is the NWS daily climate report available at https://www.weather.gov/wrh/Climate?wfo=lwx under the Observed Weather tab. Temperature ranges are divided into six bands: 74°F or below, 75-76°F, 77-78°F, 79-80°F, 81-82°F, and 83°F or above, with each band corresponding to a distinct 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 services.
Prediction market odds reflect real-money trader consensus and often diverge from traditional meteorological forecasts because markets incorporate broader information sets and incentivize accuracy through financial stakes. While weather analysts publish deterministic low-temperature predictions based on numerical models, this market aggregates the collective judgment of traders who profit only if their temperature range bets prove correct. Over time, prediction markets have demonstrated competitive or superior accuracy to single-model forecasts, especially when many independent participants trade on diverse data sources and expertise.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges for the DC low on July 3, 2026. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Share prices reflect the implied probability that the actual low will fall within each range, with the most liquid ranges typically showing tighter bid-ask spreads. Traders can enter limit or market orders, and the platform matches buyers and sellers in real time, allowing prices to adjust continuously as new information arrives.
This market resolves around Jul 4, 2026, after the date in question has passed and the lowest temperature recorded in Washington DC on July 3, 2026 can be verified. The outcome is confirmed once credible public sources report the official low temperature for that day. Traders holding shares in the range that matches the verified low receive their payout, while other positions expire worthless. Resolution timing depends on data availability and platform confirmation procedures.
Major weather pattern shifts, updated seasonal climate outlooks, and long-range forecast model runs can significantly move odds in this market. El Niño or La Niña conditions, Arctic oscillation changes, and anomalous jet stream positioning all influence summer temperatures in the Mid-Atlantic region. Additionally, historical heat waves or cold snaps in early July may prompt traders to reassess baseline expectations. As July 3, 2026 approaches, medium-range forecasts become more reliable, typically causing sharper price movements as uncertainty narrows and trader conviction increases.