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 31, 11:59 PM EST
Kalshi
Denver's high-altitude location results in variable summer precipitation patterns. This event series tracks whether the city will receive measurable rainfall during July, with markets for progressively higher precipitation amounts.
Resolution is determined by total precipitation recorded at Denver (CLIDEN) during July 2026, as reported in the National Weather Service Climatological Report (Daily) accessible via the NWS Boulder office website. Each market resolves Yes if precipitation strictly exceeds its specified threshold (1, 2, 3, 4, 5, 6, or 7 inches). Official NWS data takes precedence over preliminary reports or third-party weather sources. Traders should note that preliminary NWS measurements may contain rounding or conversion nuances that differ from final reported values.
Prediction market odds and traditional weather forecasts operate on different timescales and methodologies. Meteorologists typically issue detailed precipitation forecasts weeks or months in advance, while this market aggregates trader beliefs in real time. Early-season analyst models may differ from market pricing because traders incorporate evolving climate data, historical rainfall patterns for Denver in July, and shifting seasonal outlooks. As the event approaches, convergence often occurs between the two, though market prices can diverge if traders spot signals analysts have underweighted or overlooked.
On Kalshi, this market is priced through an order-book mechanism where traders submit bids and asks for yes and no shares. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price reflects the last executed trade, and the spread between bid and ask represents the current liquidity and disagreement among participants. Shares are fractional, allowing precise position sizing. As new information emerges—such as updated climate forecasts or historical precedent for July rainfall in Denver—traders adjust their orders, moving the price to reflect the latest consensus on the likelihood of measurable rain.
This market resolves around Aug 2, 2026, after July 2026 concludes. The outcome is determined by whether measurable precipitation was recorded in Denver during that month, verified against credible public sources. Once the event is observable and confirmed through reliable reporting, the market settles to either yes or no, and traders' positions are paid out according to their final holdings. The exact resolution timing depends on data availability and platform confirmation procedures.
Several factors could shift odds in this market. Updated seasonal climate forecasts and El Niño or La Niña patterns will influence long-range precipitation expectations for the region. Historical drought or wet cycles in Colorado may prompt traders to reassess baseline probabilities. As July 2026 approaches, real-time weather models and atmospheric conditions will become increasingly relevant. Late-spring and early-summer precipitation in Denver could signal moisture availability, while high-pressure systems or ridge patterns might suppress rainfall. Major climate anomalies or shifts in the jet stream could also trigger significant repricing.