{
  "_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": 0.37,
    "implied_probability": 0.37
  },
  "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.08,
      "implied_probability": 0.08,
      "volume_24h_usd": 0.9392,
      "volume_total_usd": 331.1336,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.11,
      "implied_probability": 0.11,
      "volume_24h_usd": 6.319500000000001,
      "volume_total_usd": 366.377,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.37,
      "implied_probability": 0.37,
      "volume_24h_usd": 52.325399999999995,
      "volume_total_usd": 3076.6203,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.02,
      "implied_probability": 0.02,
      "volume_24h_usd": 0.1,
      "volume_total_usd": 45.5276,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.04,
      "implied_probability": 0.04,
      "volume_24h_usd": 0,
      "volume_total_usd": 46.2272,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
          }
        ],
        "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": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 12.5511,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "illinois",
        "midwest",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "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"
          }
        ],
        "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": 0.99,
      "implied_probability": 0.99,
      "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": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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/",
        "sources": [
          {
            "name": "U.S. Drought Monitor",
            "url": "https://droughtmonitor.unl.edu/",
            "provenance": "platform_api"
          }
        ],
        "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": 0.23,
      "implied_probability": 0.23,
      "volume_24h_usd": 1.6169000000000002,
      "volume_total_usd": 1432.6516000000001,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "southeast",
        "state",
        "virginia"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "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": "2026-08-07T14:00:00Z",
      "status": "open",
      "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"
          }
        ],
        "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": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 2111.7668,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "midwest",
        "missouri",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-8G97120C80",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-IN",
      "question": "Will Indiana have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Indiana",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Indiana: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Indiana 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"
          }
        ],
        "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": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 16.7574,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "indiana",
        "midwest",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-X43J3RR7K4",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-MN",
      "question": "Will Minnesota have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Minnesota",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Minnesota: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Minnesota 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"
          }
        ],
        "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": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0.6,
      "volume_total_usd": 36.58,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "midwest",
        "minnesota",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-30G19HKGB3",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-ND",
      "question": "Will North Dakota have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "North Dakota",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "North Dakota: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in North Dakota 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"
          }
        ],
        "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": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0.07,
      "volume_total_usd": 33.4948,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "great plains",
        "north dakota",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-4WPLYMFQD5",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-WA",
      "question": "Will Washington have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Washington",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Washington: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Washington 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"
          }
        ],
        "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": 0.06,
      "implied_probability": 0.06,
      "volume_24h_usd": 4.35,
      "volume_total_usd": 347.8764,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "state",
        "washington",
        "western us"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-QSHZ93BRK3",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-LA",
      "question": "Will Louisiana have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Louisiana",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Louisiana: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Louisiana 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"
          }
        ],
        "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": 0.08,
      "implied_probability": 0.08,
      "volume_24h_usd": 0,
      "volume_total_usd": 248.53119999999998,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "louisiana",
        "south",
        "state"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-N3ZL6WRNN7",
      "event_id": "CM-EVT-3THMS6LQ79",
      "platform": "kalshi",
      "platform_market_id": "KXDROUGHTLEVEL-26JULLD4-TN",
      "question": "Will Tennessee have a maximum drought category of at least D4 during June 4–July 30, 2026?",
      "description": "Tennessee",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Tennessee: 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": "2026-08-07T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the maximum drought monitor category in Tennessee 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"
          }
        ],
        "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": 0.09,
      "implied_probability": 0.09,
      "volume_24h_usd": 6.66,
      "volume_total_usd": 248.832,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "drought",
        "south",
        "state",
        "tennessee"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-LCDK853BG8",
      "platform": "kalshi",
      "event_type": "resolved",
      "outcome": "YES",
      "resolved_at": "2026-06-18T21:34:08.541104Z",
      "deadline_at": null,
      "occurred_basis": "venue_settlement",
      "final_price": 0.99,
      "recorded_at": "2026-07-23",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-3THMS6LQ79",
    "terms": "Attribution required. clearmarket.fyi"
  }
}