| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 52° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 53° to 54° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 55° to 56° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 57° to 58° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 59° to 60° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 61° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily low temperature recorded in Las Vegas, Nevada, on April 16, 2026. It serves as a financial instrument for hedging against weather-related volatility or speculating on localized climate patterns.
Las Vegas is located in the Mojave Desert, where spring temperatures typically transition from mild to warm. Historical meteorological data for mid-April shows significant diurnal temperature swings, though anomalies driven by Pacific weather systems or high-pressure ridges can cause deviations from seasonal averages.
Market prices represent the collective expectation of weather models and historical climate trends, reflecting how participants weigh the likelihood of various temperature ranges occurring on the specified date.
The market relies on official historical weather data reported by the National Weather Service for the designated station in Las Vegas.
Las Vegas experiences high daily temperature ranges due to low humidity and clear skies, which allows heat to escape rapidly at night, making the 'lowest temperature' sensitive to local nighttime cloud cover.
Extreme weather, such as an unseasonable cold snap or heat wave, would be reflected in the final official temperature reading, which serves as the sole arbiter for the contract outcome.
The airport serves as the primary official recording station for Las Vegas climate data, providing a consistent, standardized metric for weather-related contracts.
No, this market tracks the actual ambient air temperature recorded by official meteorological sensors, excluding wind chill or heat index calculations.