TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 30, 11:59 PM EST
Kalshi
This event concerns whether measurable precipitation will occur in New York City on a specific date in mid-2026. The outcome depends on weather conditions and rainfall records measured at a major urban monitoring station.
If the number of inches of precipitation recorded at Central Park, New York on June 30, 2026 is strictly greater than 0, then the market resolves to Yes.
Prediction market odds reflect real-time trader consensus and often diverge from traditional weather forecasts issued by meteorologists and climate analysts. While professional forecasters rely on atmospheric models and historical data, this market aggregates the collective judgment of participants who have financial incentive to predict accurately. Comparing the implied probability here to published forecasts from the National Weather Service or other agencies can reveal where market participants see greater or lower confidence in rain occurring on that specific date.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing yes or no outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects supply and demand; as more traders buy yes shares, the implied probability of rain rises, and vice versa. Participants can enter limit or market orders to adjust their positions, and the spread between bid and ask prices tightens as liquidity increases, making it easier to trade at fair value.
This market resolves around Jul 1, 2026, after June 30, 2026 has passed. The outcome is determined by verifying whether measurable rainfall occurred in New York City on that date, confirmed through credible public weather reporting and historical records. Once the event is verifiable, the market settles automatically, with yes shares paying out if rain is confirmed and no shares paying out if no precipitation was recorded.
Major weather pattern shifts, seasonal climate forecasts, and updated atmospheric models released closer to June 2026 could significantly influence trading activity. Tropical storm or hurricane activity in the Atlantic, changes in jet stream positioning, and historical rainfall trends for late June in NYC may prompt traders to adjust positions. Additionally, any unusual climate events or anomalies in the months leading up to the date could shift market expectations, as participants incorporate new information into their probability assessments.