TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 7, 1:00 AM EST
Kalshi
This market tracks the overnight low temperature in Washington DC on July 6, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Washington-National, which records the minimum temperature reached during that calendar day.
Resolution is based on the minimum temperature recorded at Washington DC on July 6, 2026, as reported in the National Weather Service's Climatological Report (Daily) accessible via the Washington DC NWS office. The official data source is the NWS Daily Climate Report for Washington-National, available through the specified NWS regional office portal. 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 for resolution. While secondary sources like AccuWeather or Google Weather may provide guidance, only the NWS Climatological Report (Daily) value is used for final determination.
Prediction market odds reflect real-money trading by participants with skin in the game, often diverging from traditional meteorologist forecasts because markets price in broader uncertainty and tail risks. While weather analysts issue point estimates or ranges based on atmospheric models, this market aggregates dispersed information from many traders making independent bets. Over time, prediction markets have proven competitive with or superior to expert consensus on weather outcomes, especially when conditions remain volatile or when model disagreement is high. The odds here represent a dynamic, continuously updated alternative to static seasonal forecasts.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for shares corresponding to different temperature outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome bucket—say, lows between 75°F and 80°F—trades independently, and the price of a share reflects the probability traders assign to that range occurring. As new information arrives, traders adjust their positions, moving prices up or down. The spread between bid and ask prices tightens as more liquidity enters the market, making it cheaper to trade in or out of positions.
This market resolves around Jul 7, 2026, once July 6, 2026 has passed and the day's lowest temperature in Washington DC is verifiable from credible public sources. The outcome is determined by the actual recorded minimum temperature on that date, typically reported by the National Weather Service or equivalent meteorological authority. Traders holding shares in the outcome bucket that matches the verified low will receive their payout; all other positions expire worthless. Resolution is automatic once the data is confirmed and published.
Major weather pattern shifts, updated seasonal climate outlooks, and real-time atmospheric data will drive price movement in this market. Heat waves, cold fronts, or unusual jet-stream behavior weeks or months before July 2026 could reshape trader expectations. El Niño or La Niña conditions, solar activity, and volcanic aerosols are longer-term climate signals that influence summer temperatures. As July 6 approaches, daily forecast updates and model consensus will tighten the range, causing sharp repricing if predictions shift. Extreme weather events elsewhere or anomalies in spring and early summer will also prompt traders to reassess their positions.