| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 65° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 66° to 67° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 68° to 69° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 70° to 71° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 72° to 73° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 74° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily maximum temperature recorded in Los Angeles on April 7, 2026. It allows participants to hedge against or speculate on specific meteorological outcomes in Southern California.
April in Los Angeles is a transitional period, typically characterized by moderate coastal temperatures as the region moves from late winter toward summer. Historically, temperatures for this date fluctuate based on the influence of the marine layer, Pacific high-pressure systems, and potential Santa Ana wind events. Long-range climate trends and local microclimates play a significant role in determining whether a specific spring day hits seasonal norms or deviates into extreme heat or unseasonable cool.
The market prices reflect the collective anticipation of weather volatility and seasonal patterns, consolidating expert forecasts and meteorological data into actionable signals.
The official daily maximum temperature is typically derived from the National Weather Service (NWS) report for the Los Angeles International Airport (LAX) station.
Yes; the official measurement is site-specific. Temperatures at the coast can differ significantly from those in the San Fernando or San Gabriel valleys due to the cooling influence of the Pacific Ocean.
A strong marine layer can trap cool air along the coast, effectively capping the maximum temperature, whereas a lack of cloud cover allows for more rapid solar heating throughout the day.
The market resolves based on the official recorded high for that 24-hour period regardless of the meteorological cause, such as heatwaves or unseasonable storms.
The market is based on the single highest temperature recorded at the designated weather station during the calendar day of April 7, 2026.