TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 19, 1:00 AM EST
Kalshi
This market tracks the lowest temperature recorded in Washington DC on June 18, 2026. The outcome will be determined by the official National Weather Service Climatological Report (Daily) for that date, with temperature ranges divided into distinct bands.
Resolution is based on the minimum temperature recorded at Washington-National on June 18, 2026, as reported in the National Weather Service's Climatological Report (Daily), accessible via the Washington DC NWS climate data portal. The minimum temperature is divided into six outcome bands: 66°F or below, 67-68°F, 69-70°F, 71-72°F, 73-74°F, and 75°F or above. Each band corresponds to a distinct market outcome that resolves to Yes when the recorded temperature falls within that range. Official resolution uses only the NWS Climatological Report (Daily) data; preliminary NWS reporting and other weather sources serve as reference only. Traders should be aware that preliminary NWS data may be subject to rounding and conversion nuances that could affect final determination.
Prediction market odds often diverge from traditional weather analyst forecasts because they incorporate real-time trader behavior, uncertainty premiums, and forward-looking sentiment rather than relying solely on deterministic models. While meteorologists issue point forecasts and confidence intervals based on atmospheric data, this market prices in the collective judgment of participants who have financial incentive to forecast accurately. Comparing the implied probabilities here to published seasonal outlooks or long-range forecasts from the National Weather Service can reveal where market participants see greater or lesser risk than official guidance suggests, highlighting areas of genuine uncertainty about early summer conditions in the region.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks for each temperature outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices reflect the marginal supply and demand for shares, with tighter spreads indicating high confidence and wider spreads suggesting genuine disagreement about the likely low. As new information arrives—updated seasonal forecasts, historical analogues, or climate signals—traders adjust their positions, moving prices to reflect fresh expectations. The platform's matching engine ensures transparent price discovery throughout the trading window.
This market resolves around Jun 19, 2026, once June 18, 2026 has passed and the actual lowest temperature in Washington DC for that day is verifiable from credible public sources. The outcome is determined by comparing the recorded low against the temperature thresholds defined in each outcome option. Traders holding shares in the correct outcome receive their payout, while incorrect positions expire worthless. Resolution hinges on official temperature data rather than trader consensus, ensuring an objective settlement tied to real-world weather observation.
Several factors could shift odds significantly before resolution. Updated seasonal climate forecasts, particularly those indicating warmer or cooler-than-normal early summer patterns, often trigger repricing. Major atmospheric events—such as shifts in the jet stream, tropical activity, or high-pressure systems—can alter expectations for late June conditions in the Mid-Atlantic. Historical analogues to past years with similar atmospheric setups may attract trader attention. As June 18 approaches, real-time weather models become more reliable, typically narrowing uncertainty and sharpening price convergence. Traders also monitor broader climate indices and long-range outlooks that hint at regional temperature tendencies.