**Strong model consensus and rapid intensification of the 2026–27 El Niño event drive the 75% market-implied probability that peak RONI exceeds 2.5°C.** NOAA’s Climate Prediction Center reports El Niño conditions strengthening since spring 2026, with July Niño 3.4 anomalies reaching +1.4°C (eastern Pacific sectors higher) and RONI at +1.0°C for MJJ. Subsurface heat content anomalies exceed +10°C in places, supported by persistent low-level westerly winds and enhanced central Pacific convection. The August 13 CPC/IRI outlook assigns >90% odds of a very strong peak (≥ +2.0°C RONI) during OND 2026 and 69% odds of a historic event surpassing all post-1950 episodes on the three-month RONI. Multi-model ensembles center the maximum in October–December, consistent with the trajectory of past super El Niños (1982–83, 1997–98, 2015–16) but amplified by current ocean-atmosphere coupling. Traders therefore price the Over 2.5 outcome heavily, reflecting the narrow uncertainty range around an exceptionally warm forecast peak.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhat will the peak RONI be for the 2026–27 El Niño?
Over 2.5 75%
2.25–2.5 23%
2.0–2.25 4.2%
1.5–2.0 <1%
$11,321 Vol.
$11,321 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
4%
2.25–2.5
23%
Over 2.5
75%
Over 2.5 75%
2.25–2.5 23%
2.0–2.25 4.2%
1.5–2.0 <1%
$11,321 Vol.
$11,321 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
4%
2.25–2.5
23%
Over 2.5
75%
The peak RONI is the single highest Regional Ocean Niño Index (RONI) value reported by NOAA's Climate Prediction Center (CPC) across the overlapping three-month seasons ASO 2026, SON 2026, OND 2026, NDJ 2026-27, and DJF 2026-27, as reported in official NOAA CPC RONI updates (https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/).
The first published RONI value for each listed season is final and governs resolution; no subsequent revision to a season's value will change the outcome once that season's first value has been published. If CPC's RONI dataset is permanently discontinued, other information from NOAA may be used.
Market Opened: Aug 17, 2026, 3:17 PM ET
Resolver
0x69c47De9D...The peak RONI is the single highest Regional Ocean Niño Index (RONI) value reported by NOAA's Climate Prediction Center (CPC) across the overlapping three-month seasons ASO 2026, SON 2026, OND 2026, NDJ 2026-27, and DJF 2026-27, as reported in official NOAA CPC RONI updates (https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/).
The first published RONI value for each listed season is final and governs resolution; no subsequent revision to a season's value will change the outcome once that season's first value has been published. If CPC's RONI dataset is permanently discontinued, other information from NOAA may be used.
Resolver
0x69c47De9D...**Strong model consensus and rapid intensification of the 2026–27 El Niño event drive the 75% market-implied probability that peak RONI exceeds 2.5°C.** NOAA’s Climate Prediction Center reports El Niño conditions strengthening since spring 2026, with July Niño 3.4 anomalies reaching +1.4°C (eastern Pacific sectors higher) and RONI at +1.0°C for MJJ. Subsurface heat content anomalies exceed +10°C in places, supported by persistent low-level westerly winds and enhanced central Pacific convection. The August 13 CPC/IRI outlook assigns >90% odds of a very strong peak (≥ +2.0°C RONI) during OND 2026 and 69% odds of a historic event surpassing all post-1950 episodes on the three-month RONI. Multi-model ensembles center the maximum in October–December, consistent with the trajectory of past super El Niños (1982–83, 1997–98, 2015–16) but amplified by current ocean-atmosphere coupling. Traders therefore price the Over 2.5 outcome heavily, reflecting the narrow uncertainty range around an exceptionally warm forecast peak.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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