TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 13, 7:49 AM EST
Polymarket
This market resolves based on the date on which Episode 53 of the ongoing Halemaʻumaʻu eruption at the summit of Kīlauea begins, according to the United States Geological Survey Hawaiian Volcano Observatory (HVO). "Aug 13 or later" resolves "Yes" if Episode 53 has not begun, per the HVO-stated onset date, before 12:00 AM HST August 13, 2026. If Episode 53 has still not begun by 11:59 PM HST August 31, 2026, "Aug 13 or later" resolves "Yes." Resolution is based on the onset date and time for Episode 53 as stated by HVO in the first Observatory Message or Status Report confirming the episode has begun (e.g., "Episode 53 of the ongoing Halemaʻumaʻu eruption began at [time] on [date]"). The onset date stated in that message determines which bracket resolves "Yes," even if the message itself is published after the onset. Precursory low-level activity that HVO does not designate as the episode onset does not count. If HVO does not designate the next fountaining episode as "Episode 53," the next confirmed Halemaʻumaʻu fountaining episode after Episode 52 will be treated as Episode 53 for resolution purposes. If HVO states a different onset time in a subsequent report, the most recently stated time governs. The primary resolution source for this market will be HVO's Observatory Messages (https://www.usgs.gov/observatories/hvo/observatory-messages) and HVO's Kīlauea daily updates; however, a consensus of credible reporting citing HVO may also be used.
This market resolves based on the date on which Episode 53 of the ongoing Halemaʻumaʻu eruption at the summit of Kīlauea begins, according to the United States Geological Survey Hawaiian Volcano Observatory (HVO). "Aug 13 or later" resolves "Yes" if Episode 53 has not begun, per the HVO-stated onset date, before 12:00 AM HST August 13, 2026. If Episode 53 has still not begun by 11:59 PM HST August 31, 2026, "Aug 13 or later" resolves "Yes." Resolution is based on the onset date and time for Episode 53 as stated by HVO in the first Observatory Message or Status Report confirming the episode has begun (e.g., "Episode 53 of the ongoing Halemaʻumaʻu eruption began at [time] on [date]"). The onset date stated in that message determines which bracket resolves "Yes," even if the message itself is published after the onset. Precursory low-level activity that HVO does not designate as the episode onset does not count. If HVO does not designate the next fountaining episode as "Episode 53," the next confirmed Halemaʻumaʻu fountaining episode after Episode 52 will be treated as Episode 53 for resolution purposes. If HVO states a different onset time in a subsequent report, the most recently stated time governs. The primary resolution source for this market will be HVO's Observatory Messages (https://www.usgs.gov/observatories/hvo/observatory-messages) and HVO's Kīlauea daily updates; however, a consensus of credible reporting citing HVO may also be used.
Currently, odds from this market suggest a very high probability that Kīlauea's Episode 53 will begin during the specified window, contrasting with some analyst forecasts that emphasize longer-term monitoring. Traders appear more focused on imminent activity than many scientific projections, which could shift if new seismic or geothermal data emerges.
On Polymarket, traders currently assign a high probability to Kīlauea’s Episode 53 beginning within the specified window, reflecting the latest geological assessments and monitoring data. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market price adjusts dynamically as new information emerges from Hawaiian Volcano Observatory updates or seismic activity reports, with liquidity reflecting trader sentiment and available volume of $9,296.
This market resolves around Sep 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Traders will watch official geological surveys and media outlets for confirmed eruptions or definitive statements that the episode has begun, ending speculation and settling all positions.