| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 50° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 51° to 52° | 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° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official minimum temperature recorded in Los Angeles on April 2, 2026. It serves as a benchmark for weather-related financial hedging and climatological data tracking.
Los Angeles experiences a Mediterranean climate, where coastal proximity typically buffers extreme temperature fluctuations. April falls during the transition from late winter to spring, a period often characterized by marine layer patterns and oscillating temperature trends. Historical data for this date serves as the baseline for determining the likelihood of specific temperature ranges.
Market prices represent the collective expectation of weather outcomes, reflecting historical meteorological trends and real-time shifts in seasonal forecasts.
The official reading is typically sourced from the National Weather Service (NWS) station at the University of Southern California (USC), which serves as the primary climate observation site for Los Angeles.
The market resolution is based on the official, verified data published by the National Weather Service, regardless of the severity or anomalous nature of the temperature recorded.
A strong marine layer can trap cooler air near the coast, significantly impacting early morning low temperatures, whereas clear skies allow for greater radiational cooling overnight.
This date provides a specific target for weather forecasting models, allowing participants to speculate on seasonal variance rather than long-term climate change trends.
No, this market tracks the official dry-bulb air temperature reported by the NWS, excluding wind chill, humidity, or heat index adjustments.