Major volcano eruption (VEI ≥6) in 2026?
Probability over time
last 30 daysWhat this means
Traders currently price this at 6% — the market's collective estimate that it happens. The market leans toward no. The odds have been broadly stable over the last week.
How this resolves
This market will resolve to "Yes" if a natural volcanic eruption with a Volcanic Explosivity Index (VEI) of 6 or higher occurs between the market's creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. The primary resolution source will be the Smithsonian Institution Global Volcanism Program (GVP: https://volcano.si.edu/), specifically the ‘VEI 6’ figure for 2026 released on the page currently titled "Eruptions Avg 2000-2024 (N/T)" (https://volcano.si.edu/faq/index.cfm?question=eruptionsbyyear) as of March 31, 2027, 12 PM ET. Any prior updates will not be considered finalized. If this dataset has not been updated to include all relevant events by March 31, 2027, or if the Smithsonian GVP becomes permanently unavailable, this market may resolve based on a consensus of credible scientific sources, including the U.S. Geological Survey (USGS), national o…