Will a supervolcano erupt before 2050?
Yes refers to: Before Jan 1, 2050
Short Answer
1. Executive Verdict
- Campi Flegrei exhibits more significant recent seismic activity than Yellowstone.
- Dramatic increases in deformation and seismicity are needed for elevated alerts.
- USGS estimates a very low annual Yellowstone supereruption probability.
- Satellite and seismic monitoring systems have significantly advanced since 2020.
- Several other global volcanic systems have VEI 8 eruption potential.
- The market covers supervolcano eruptions occurring before January 1, 2050.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Before Jan 1, 2050 | 19.4% | 12.1% | Supervolcano eruptions are extremely rare geological events. |
Current Context
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📉 May 02, 2026: 9.8pp drop
Price decreased from 29.0% to 19.2%
Outcome: Before Jan 1, 2050
📉 April 29, 2026: 11.5pp drop
Price decreased from 31.5% to 20.0%
Outcome: Before Jan 1, 2050
📈 April 28, 2026: 11.5pp spike
Price increased from 20.0% to 31.5%
Outcome: Before Jan 1, 2050
4. Market Data
Contract Snapshot
This market resolves to "Yes" if a supervolcano erupts before January 1, 2050. If no such eruption occurs by December 31, 2049, 11:59 PM EST, the market resolves to "No." Resolution is confirmed by reports from major news outlets like the New York Times, Associated Press, Reuters, and others, and the market will close early if the event takes place.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Before Jan 1, 2050 | $0.20 | $0.81 | 19% |
Market Discussion
The market is heavily skewed towards "No" (over 80% probability) for a supervolcano eruption before 2050. The primary discussion among traders revolves around the ambiguity of the market rules, specifically the lack of a clear definition for "supervolcano" and what type or size of eruption would qualify. While some 'Yes' positions are noted (including one based on a bot), no specific arguments are presented to support a supervolcano eruption occurring by the deadline, with clarification on scope (global vs. US) also being a recurring theme.
5. How do Yellowstone's and Campi Flegrei's current seismic activity and ground deformation signals compare as indicators of a pre-2050 eruption?
| Yellowstone Alert Status | NORMAL alert [^][^] |
|---|---|
| Campi Flegrei Uplift Rate | 10 mm per month (February to April 2026) [^][^] |
| Yellowstone Supereruption Odds | 1 in 730,000 yearly [^] |
6. What specific seismic or geodetic precursors at a known supervolcano would cause the USGS or a similar agency to significantly elevate its alert level before 2050?
| Yellowstone Eruption Precursors | Dramatic increases in deformation rates and major increases in seismicity [^] |
|---|---|
| USGS Alert Level Decision | Case-by-case decisions based on all monitoring data, no set thresholds [^] |
| Long Valley Caldera Unrest | Recurring earthquake swarms and inflation of the resurgent dome [^][^] |
7. How does the scientific consensus on annual super-eruption probabilities from the USGS contrast with the long-term risk implied by the pre-2050 market price?
| USGS Yellowstone Annual Supereruption Probability | 1/730,000 or 0.00014% [^] |
|---|---|
| OctagonAI Supervolcano Eruption Probability (before 2050) | 31.5% [^] |
| Kalshi Supervolcano Eruption Probability (before 2050) | 14% [^] |
8. What advancements in satellite monitoring (InSAR) and seismic sensor networks have been implemented since 2020 for tracking pre-eruptive activity?
| High-Resolution SAR Observations Frequency | Sub-weekly [^][^] |
|---|---|
| High-Resolution SAR Spatial Resolution | Less than one meter [^][^] |
| InSAR Ground Deformation Detection | Millimeter-level [^][^] |
9. Which active volcanic systems, besides Yellowstone and Campi Flegrei, have the geological potential to produce a VEI 8 eruption according to global risk databases?
| Toba Eruption Scale | VEI 8 (potentially VEI 9) 75,000 years ago [^][^] |
|---|---|
| Taupō Eruption Scale | VEI 8 (26,000 to 27,000 years ago) [^][^][^][^][^][^] |
| Island Park Eruption Scale | VEI 8 (2.1 million years ago) [^][^] |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: January 08, 2050
- Closes: January 01, 2050
11. Decision-Flipping Events
- Trigger: The Kalshi contract “KXERUPTSUPER-0” concerning whether a supervolcano will erupt before Jan 1, 2050, currently indicates an implied “Yes” probability of around 14% and a “No” probability of around 86% [^] [^] .
- Trigger: This market, which opened on Jul 18, 2025, will close at 2050-01-01T04:59:00Z and resolves to “No” if no eruption occurs by Dec 31, 2049, 11:59 pm ET [^] .
- Trigger: Scientists generally agree that volcanic timing is inherently uncertain, and precursors for a catastrophic eruption, such as earthquake swarms or rapid ground deformation, would likely be detectable for weeks or even months to years beforehand [^] .
- Trigger: Regarding Yellowstone, it is not considered “overdue” for an eruption based on its past events at approximately 2.08, 1.3, and 0.631 million years ago, averaging roughly 725,000 years between them [^] .
13. Historical Resolutions
No historical resolution data available for this series.
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