When will the next hurricane form in the Pacific?

WeatherHurricanesclimateHurricane SeasonClimate & Science
Start Date
2026-08-12
End Date
2026-09-01
24h Volume
$5K
Total Volume
$6K
  • Will the next Pacific hurricane form between August 13 and August 16, 2026?>99¢

This market resolves based on when the next Pacific hurricane forms, as classified by the U.S. National Hurricane Center (NHC) for the Eastern Pacific basin or the Central Pacific Hurricane Center (CPHC) for the Central Pacific basin. The bracket containing the date of the first qualifying advisory will resolve "Yes", and all other brackets will resolve "No". Exactly one bracket will resolve "Yes". A tropical cyclone is considered a hurricane when it has maximum sustained winds of 74 mph or greater (Category 1 or higher on the Saffir-Simpson Hurricane Wind Scale). For this market, the "Pacific" comprises the Eastern Pacific basin and the Central Pacific basin as tracked by the NHC and CPHC. Systems classified as typhoons do not count. A system is considered to have "formed" as a hurricane at the date and time of the first NHC or CPHC public advisory that classifies a system in these basins as a hurricane. Resolution is based on that first advisory, regardless of any later downward revision or reclassification. The sole determinant of when the hurricane formed is the issuance timestamp of that first classifying advisory, not the estimated time at which the system's winds first reached 74 mph; for a system that straddles midnight between August 31 and September 1, 2026, the applicable bracket is determined solely by whether that advisory's issuance timestamp falls before or after 12:00 AM ET on September 1, 2026. The bracket "No Pacific hurricane will form in August 2026" will resolve "Yes" if no NHC or CPHC advisory classifies any Eastern Pacific or Central Pacific system as a hurricane at any time from 12:00 AM ET on August 13, 2026 through 11:59 PM ET on August 31, 2026. The resolution sources for this market are the U.S. National Hurricane Center (NHC), available here: https://www.nhc.noaa.gov/, and the Central Pacific Hurricane Center (CPHC), available here: https://www.nhc.noaa.gov/?cpac

Current atmospheric conditions in the eastern North Pacific, including warm sea-surface temperatures and favorable wind shear patterns, support rapid intensification of an active tropical disturbance into a hurricane within the immediate window. Official monitoring from the National Hurricane Center shows organized convection and improving structure that align with model consensus for threshold wind speeds of 74 mph or greater by mid-August. Traders have placed near-certain weight on this timeline given the proximity to peak season climatology and the absence of disruptive steering patterns. A shift in shear or unexpected dry-air entrainment could delay organization, though current observations make such outcomes unlikely before the period closes.