TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 8, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Washington DC on July 7, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with resolution based on which temperature range the recorded minimum falls into.
Resolution is determined by the minimum temperature recorded at Washington-National on July 7, 2026, according to the National Weather Service's Climatological Report (Daily), accessible via the Washington-National location on the NWS website. The official data source is the NWS Climatological Report rather than preliminary reports or third-party weather services. Temperature measurements may be subject to rounding and conversion nuances in preliminary NWS data, so traders should verify against the final official report. The minimum temperature will fall into one of six defined ranges, each corresponding to a specific outcome.
Prediction market odds reflect real-money incentives, so traders who misjudge conditions face direct financial loss. This differs from traditional analyst forecasts, which may lack the same accountability mechanism. For a specific date like July 7, 2026, this market aggregates dispersed knowledge from many participants with skin in the game, often capturing nuances that single-source forecasts miss. Weather prediction models and seasonal outlooks provide one input; market odds represent a crowdsourced synthesis of all available information weighted by trader conviction.
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's price reflects the probability traders assign to it, with higher prices indicating greater confidence. As new weather data arrives or seasonal patterns shift, traders adjust their positions, moving prices up or down. The spread between bid and ask widens or tightens based on liquidity and disagreement among participants.
This market resolves around Jul 8, 2026, after July 7, 2026 has passed and the day's low temperature is finalized. The outcome is confirmed once verified against credible public sources reporting the actual low temperature recorded in Washington DC that day. Traders holding shares in the correct outcome range receive their payout, while incorrect positions expire worthless. Resolution timing allows a brief window for data confirmation before final settlement.
Major weather pattern shifts, seasonal climate anomalies, and updated long-range forecasts will influence trading activity. El Niño or La Niña developments, Arctic oscillation changes, and historical temperature comparisons for early July in DC all serve as catalysts. As 2026 approaches, monthly and weekly forecasts become more precise, typically tightening the range of expected outcomes. Unusual heat waves or cold snaps in preceding weeks may also shift trader expectations, causing repricing as new data refines the probability distribution.