Skip to main content
icon for What will the peak RONI be for the 2026–27 El Niño?

What will the peak RONI be for the 2026–27 El Niño?

icon for What will the peak RONI be for the 2026–27 El Niño?

What will the peak RONI be for the 2026–27 El Niño?

Over 2.5 57%

2.25–2.5 51%

2.0–2.25 45%

1.5–2.0 28%

Polymarket
NEW

Over 2.5 57%

2.25–2.5 51%

2.0–2.25 45%

1.5–2.0 28%

Polymarket
NEW

Under 1.5

$36 Vol.

41%

1.5–2.0

$0 Vol.

28%

2.0–2.25

$0 Vol.

45%

2.25–2.5

$0 Vol.

51%

Over 2.5

$0 Vol.

57%

This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +1.5°C and below +2.0°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +2.0°C and below +2.25°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +2.25°C and below +2.5°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is +2.5°C or above. Otherwise, it resolves "No". This market resolves "Yes" as soon as NOAA publishes a RONI value of +2.5°C or above for any listed season. If no listed season reaches +2.5°C, this market resolves "No" once NOAA has published the RONI value for DJF 2026-27. 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.El Niño is strengthening rapidly in the equatorial Pacific, with sea surface temperature anomalies already exceeding +2.0°C in eastern regions and Niño-3.4 values near +2.1°C as of mid-July 2026, supported by deeper thermocline heat content and westerly wind anomalies. NOAA’s Climate Prediction Center assigns over 90% probability to a very strong event this fall and winter, alongside a 69% chance the 3-month RONI peaks above the historic +2.5°C threshold during October–December, reflecting model consensus on record warmth adjusted for long-term tropical trends. Trader sentiment splits near 50/50 between “Over 2.5” and “2.25–2.5” because ensemble spreads remain wide on exact peak intensity and timing, with potential for modest cooling or model revisions before the typical December–February maximum. Upcoming CPC updates and new model runs will likely drive further shifts.

This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No".

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.
Volume
$36
End Date
Apr 1, 2027
Market Opened
Aug 17, 2026, 3:17 PM ET
This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No". 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.
This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +1.5°C and below +2.0°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +2.0°C and below +2.25°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is at least +2.25°C and below +2.5°C. Otherwise, it resolves "No". 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.This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is +2.5°C or above. Otherwise, it resolves "No". This market resolves "Yes" as soon as NOAA publishes a RONI value of +2.5°C or above for any listed season. If no listed season reaches +2.5°C, this market resolves "No" once NOAA has published the RONI value for DJF 2026-27. 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.El Niño is strengthening rapidly in the equatorial Pacific, with sea surface temperature anomalies already exceeding +2.0°C in eastern regions and Niño-3.4 values near +2.1°C as of mid-July 2026, supported by deeper thermocline heat content and westerly wind anomalies. NOAA’s Climate Prediction Center assigns over 90% probability to a very strong event this fall and winter, alongside a 69% chance the 3-month RONI peaks above the historic +2.5°C threshold during October–December, reflecting model consensus on record warmth adjusted for long-term tropical trends. Trader sentiment splits near 50/50 between “Over 2.5” and “2.25–2.5” because ensemble spreads remain wide on exact peak intensity and timing, with potential for modest cooling or model revisions before the typical December–February maximum. Upcoming CPC updates and new model runs will likely drive further shifts.

This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No".

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.
Volume
$36
End Date
Apr 1, 2027
Market Opened
Aug 17, 2026, 3:17 PM ET
This market resolves "Yes" if the peak RONI for the 2026–27 El Niño is below +1.5°C. Otherwise, it resolves "No". 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.

Beware of external links.

Frequently Asked Questions

"What will the peak RONI be for the 2026–27 El Niño?" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Over 2.5" at 57%, followed by "2.25–2.5" at 51%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 57¢ implies that the market collectively assigns a 57% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"What will the peak RONI be for the 2026–27 El Niño?" is a newly created market on Polymarket, launched on Aug 17, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "What will the peak RONI be for the 2026–27 El Niño?," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "What will the peak RONI be for the 2026–27 El Niño?" is "Over 2.5" at 57%, meaning the market assigns a 57% chance to that outcome. The next closest outcome is "2.25–2.5" at 51%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "What will the peak RONI be for the 2026–27 El Niño?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.