**Strong model consensus and NOAA’s August outlook for a record-intensity event underpin the 68.5% market-implied probability of a peak RONI exceeding +2.5°C.** El Niño conditions are already established and intensifying, with the latest weekly conventional Niño 3.4 anomaly near +2.6°C and the JJA RONI at +1.4°C. The Climate Prediction Center assigns over 90% odds of a very strong peak (≥ +2.0°C) during the Northern Hemisphere fall and winter, centered on October–December 2026, alongside a 69% chance that the three-month RONI reaches or exceeds +2.5°C—surpassing all prior events since 1950 on this relative index that isolates the ENSO signal from broader tropical warming. Ensemble forecasts show continued strengthening driven by elevated subsurface heat content and persistent westerly wind anomalies, with the next CPC update expected in mid-September.
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 69%
2.25–2.5 29%
2.0–2.25 4.1%
1.5–2.0 <1%
$24,052 Vol.
$24,052 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
4%
2.25–2.5
29%
Over 2.5
69%
Over 2.5 69%
2.25–2.5 29%
2.0–2.25 4.1%
1.5–2.0 <1%
$24,052 Vol.
$24,052 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
4%
2.25–2.5
29%
Over 2.5
69%
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 NOAA’s August outlook for a record-intensity event underpin the 68.5% market-implied probability of a peak RONI exceeding +2.5°C.** El Niño conditions are already established and intensifying, with the latest weekly conventional Niño 3.4 anomaly near +2.6°C and the JJA RONI at +1.4°C. The Climate Prediction Center assigns over 90% odds of a very strong peak (≥ +2.0°C) during the Northern Hemisphere fall and winter, centered on October–December 2026, alongside a 69% chance that the three-month RONI reaches or exceeds +2.5°C—surpassing all prior events since 1950 on this relative index that isolates the ENSO signal from broader tropical warming. Ensemble forecasts show continued strengthening driven by elevated subsurface heat content and persistent westerly wind anomalies, with the next CPC update expected in mid-September.
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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