{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-3THMS6LQ79",
  "slug": "kxdroughtlevel-26julld4",
  "question": "Which states will experience exceptional drought by July 30?",
  "category": "climate",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "climate",
    "drought-monitoring",
    "summer-2026",
    "us-climate",
    "extreme-weather",
    "seasonal-drought"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether 15 named states reach D4 exceptional drought status between June 4 and July 30, 2026. The U.S. Drought Monitor, published jointly by NOAA, USDA, and the University of Nebraska-Lincoln, is the authoritative classification source. Each binary contract resolves via Kalshi staff determination against that weekly Monitor data. A state need only touch D4 once during the window to satisfy the threshold.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-J84BBYZVX1",
  "current_primary_mark": {
    "last_price": 0,
    "implied_probability": 0,
    "as_of": null
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-MJNMHQ0RS8",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-CA",
      "question": "Will California have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "California",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "California: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in California during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 0,
      "volume_total_usd": 529.61,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "california",
        "drought",
        "state",
        "western us"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-WVKKFL30T6",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-AZ",
      "question": "Will Arizona have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Arizona",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Arizona: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Arizona during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
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        "source_quality": "authoritative",
        "source_commitment": "named",
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      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
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      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 48.26,
      "volume_total_usd": 160.35,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "arizona",
        "drought",
        "state",
        "western us"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
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          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-J84BBYZVX1",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-OR",
      "question": "Will Oregon have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Oregon",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Oregon: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Oregon during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
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      },
      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 294.33,
      "volume_total_usd": 2608.01,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "oregon",
        "state",
        "western us"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-KNHGP8M8P3",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-KS",
      "question": "Will Kansas have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Kansas",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Kansas: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Kansas during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 2.85,
      "volume_total_usd": 22.71,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "great plains",
        "kansas",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-Z9PYCGK663",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-IA",
      "question": "Will Iowa have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Iowa",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Iowa: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Iowa during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
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        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 8.87,
      "volume_total_usd": 63.11,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "iowa",
        "midwest",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-56JNZHN754",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-IL",
      "question": "Will Illinois have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Illinois",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Illinois: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Illinois during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
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            "url": "https://droughtmonitor.unl.edu/",
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        ],
        "source_of_record": "U.S. Drought Monitor",
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      "rcg": {
        "grade": "A",
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      "last_price": 0,
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      "price_as_of": null,
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      "volume_total_usd": 12.55,
      "settlement_style": "touch",
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      "question_id": null,
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      "tags": [
        "drought",
        "illinois",
        "midwest",
        "state"
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      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
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          "permitted_category": null,
          "screened_at": "2026-08-12"
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      ]
    },
    {
      "market_id": "CM-MKT-LCDK853BG8",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-NC",
      "question": "Will North Carolina have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "North Carolina",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "North Carolina: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-06-18T21:03:59Z",
      "resolve_at": "2026-06-18T21:03:59Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in North Carolina during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
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        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 1,
      "implied_probability": 1,
      "price_as_of": null,
      "volume_24h_usd": 0,
      "volume_total_usd": 2571.03,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "north carolina",
        "southeast",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
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          "permitted_category": null,
          "screened_at": "2026-08-12"
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      ]
    },
    {
      "market_id": "CM-MKT-7BVKPRSKJ1",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-VA",
      "question": "Will Virginia have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Virginia",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Virginia: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Virginia during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
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        "source_of_record": "U.S. Drought Monitor",
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      "rcg": {
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        "caps": [],
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      "last_price": 0,
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      "volume_24h_usd": 49.27,
      "volume_total_usd": 1284.25,
      "settlement_style": "touch",
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      "tags": [
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        "virginia"
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      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
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          "status": "not_eligible",
          "reasons": [
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      ]
    },
    {
      "market_id": "CM-MKT-872CRX59S7",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-MO",
      "question": "Will Missouri have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Missouri",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Missouri: U.S. Drought Monitor classification for the named state during the specified period, assessed by Kalshi staff by August 7, 2026.",
      "close_at": "2026-07-31T03:59:00Z",
      "resolve_at": "2026-07-31T03:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Missouri during June 4–July 30, 2026 is at least D4, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "U.S. Drought Monitor",
        "source_status": "platform_named",
        "source_citation": "https://droughtmonitor.unl.edu/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
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        ],
        "source_of_record": "U.S. Drought Monitor",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
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        "score": 88,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "price_as_of": null,
      "volume_24h_usd": 35.17,
      "volume_total_usd": 1995.01,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
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        "midwest",
        "missouri",
        "state"
      ],
      "eligibility_screens": [
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          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
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