Recent rapid intensification of the 2026–27 El Niño, with weekly Niño 3.4 SST anomalies reaching +2.7°C by mid-August and the relative Oceanic Niño Index (RONI) already at +1.0°C for May–July, underpins trader consensus favoring a peak RONI above 2.0°C. NOAA’s August outlook assigns greater than 90% probability to a very strong event (RONI ≥2.0°C) through Northern Hemisphere winter, driven by deep subsurface warming, persistent westerly wind anomalies, and coupled ocean-atmosphere feedback that mirrors or exceeds the 1997–98 and 2015–16 analogs. Multi-model ensembles center the seasonal peak in October–December 2026 and place roughly 69% odds on a historic RONI exceeding +2.5°C, though model spread and the relative nature of RONI versus raw Niño 3.4 introduce modest uncertainty around exact magnitude.
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 40%
2.0–2.25 26.4%
2.25–2.5 24%
1.5–2.0 2.8%
Under 1.5
<1%
1.5–2.0
3%
2.0–2.25
26%
2.25–2.5
24%
Over 2.5
40%
Over 2.5 40%
2.0–2.25 26.4%
2.25–2.5 24%
1.5–2.0 2.8%
Under 1.5
<1%
1.5–2.0
3%
2.0–2.25
26%
2.25–2.5
24%
Over 2.5
40%
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...Recent rapid intensification of the 2026–27 El Niño, with weekly Niño 3.4 SST anomalies reaching +2.7°C by mid-August and the relative Oceanic Niño Index (RONI) already at +1.0°C for May–July, underpins trader consensus favoring a peak RONI above 2.0°C. NOAA’s August outlook assigns greater than 90% probability to a very strong event (RONI ≥2.0°C) through Northern Hemisphere winter, driven by deep subsurface warming, persistent westerly wind anomalies, and coupled ocean-atmosphere feedback that mirrors or exceeds the 1997–98 and 2015–16 analogs. Multi-model ensembles center the seasonal peak in October–December 2026 and place roughly 69% odds on a historic RONI exceeding +2.5°C, though model spread and the relative nature of RONI versus raw Niño 3.4 introduce modest uncertainty around exact magnitude.
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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