A total of of rhyolite and of basalt were emplaced over three volcanic cycles between about 2.15 million and 0.07 million years ago. Each cycle lasted roughly three-quarters of a million years. The sequence of events in each cycle is similar: a catastrophic rhyolitic ash-flow sheet and caldera collapse, preceded and followed by eruptions of rhyolitic lavas and tuffs and basaltic eruptions near the caldera margin. Ash-flow sheets account for more than half of the total volcanic volume of the Yellowstone Plateau.
First-cycle The first-cycle lasted from about 2.15 million to 1.95 million years ago, spanning approximately 200 kyr. The only known pre-collapse rhyolitic unit is the Rhyolite of Snake River Butte, located just north of
Ashton and dated at , roughly 60–70 kyr before the caldera-forming
Huckleberry Ridge Tuff. Its vent lies near the eventual first-cycle caldera margin close to the Big Bend Bridge. Additional rhyolite flows may have erupted along the incipient ring-fault, but the pre-collapse rhyolite history likely spans no more than ~70 kyr. Another pre-collapse unit is the -thick Junction Butte Basalt on the northeastern margin of the plateau, dated at . The
Overhanging Cliff basalt is a flow of this unit. The first-cycle caldera-forming event was the eruption of the
Huckleberry Ridge Tuff at ago, during transitional magnetic polarity. Its thickness exceeds in the Red Mountains area. The initial Plinian phase deposited up to of fallout ash at
Mount Everts before transitioning to ash-flow tuff. Early Plinian activity was intermittent, sourced from multiple vents, probably lasted a few weeks and evacuated about of magma from four magma bodies, triggering caldera collapse at the onset of transition to ash-flow. The ash-flow tuff is a composite sheet consisted of three intermittent members, with a total magma volume of about . Member A likely vented from the plateau's central area and tapped nine magma bodies. After a hiatus of a few weeks or more, the most voluminous Member B erupted from north of Big Bend Ridge. After another extended break of years to decades, part of the Member A magmatic system was rejuvenated to feed Member C. The least voluminous Member C might have source area near the Red Mountains, where it is about thick. Some outcrops of Member A and Member C have been misidentified as Member B, complicating volume estimates of individual ash-flow unit. Glen A. Izett estimated that an additional of ash was dispersed as fallout across North America. Tephra fallout from this event is known as the Huckleberry Ridge ash bed (formerly "Pearlette type B"). Its area covered exceeds . It is widely distributed and has been identified in the
Pacific Ocean at
Deep Sea Drilling Project Site 36, about from Island Park Caldera, as well as in the
Humboldt and
Ventura basins of coastal California, near
Afton in
Iowa,
Benson in
Arizona, and Campo Grande Mountain in
Texas. One lava flow near the Sheridan Reservoir and two flows at the north end of Big Bend Ridge are post-collapse rhyolites of the first-cycle volcanism. The Sheridan Reservoir Rhyolite, dated at , if vented from the Island Park ring-fracture, required a flow distance of at least . Its volume is estimated to exceed . The other two flows, the Blue Creek flow and the overlying Headquarters flow, have a combined volume of and erupted respectively at and ago.
Second-cycle After ~500 kyr of quiescence, a new magmatic system formed north of Big Bend Ridge. It erupted the Bishop Mountain Flow at and the Tuff of Lyle Spring at . The Bishop Mountain Flow is a rhyolite with an exposed volume of about and reaches a thickness of along the inner caldera wall. The Tuff of Lyle Spring is a , composite ash-flow sheet consisting of two cooling units. Both eruptions appear to have originated from an isolated, highly evolved local magma chamber distinct from the second-cycle magma source. Tiffany A. Rivera et al. (2017) suggest these two eruptions should not be assigned to the second cycle but instead represent the separate Lyle Spring magmatic system. The next pre-collapse rhyolite eruption is the Green Canyon Flow in the north of Big Bend Ridge, with a mapped volume of about , dated at . Its age is indistinguishable from that of the subsequent
Mesa Falls Tuff, but the Henry's Fork Caldera fracture truncates the Green Canyon Flow, indicating it predates the second-cycle caldera. The second-cycle caldera-forming eruption was the Mesa Falls Tuff, dated at . Its exposed thickness exceeds on Thurmon Ridge, though it is likely much thicker within the caldera. During the initial Plinian phase, about of ash and
pumice were deposited around the
Ashton area, while much of the vitric ash dispersed to more distant regions, as inferred from the high crystal content of the local deposit. This airfall is overlain by a
pyroclastic surge layer also enriched in crystals. A single cooling unit of ash-flow tuff followed, covering about with an estimated volume of . The Mesa Falls ash bed (formerly "Pearlette type S") is the distal ash-fall of this eruption, found in
Brainard and
Hartington in
Nebraska, and in the southern
Rocky Mountains of
Colorado. Post-collapse eruptions included the Moonshine Mountain dome and five rhyolite domes collectively known as the Island Park Rhyolite. The Moonshine Mountain dome, with an estimated volume of , erupted at . While its age is indistinguishable from the
Mesa Falls Tuff, field evidence indicates it formed after the collapse of the
Henry's Fork Caldera. The dome's magma source is likely the same region that supplied the Bishop Mountain Flow. The Island Park Rhyolite comprises five bodies: Silver Lake dome, Osborne Butte dome, Elk Butte dome, Lookout Butte dome, and Warm River Butte dome. These domes collectively have a total volume of . All five erupted within a few centuries, around , during a single eruptive episode. While Lookout Butte is located on the rim of Big Bend Ridge caldera wall, the vents for the other four domes align along a northwest-trending, structurally controlled linear vent zone about long and no more than wide.
Third-cycle Pre-collapse third-cycle silicic rocks are broadly divided into the
Mount Jackson Rhyolite and the
Lewis Canyon Rhyolite, which vented along what later became the ring-fracture zone of the third-cycle caldera. The earliest known lava in this cycle is the Wapiti Lake flow of the Mount Jackson group, dated at , exposed near the
Grand Canyon of the Yellowstone and likely vented near Wapiti Lake. Another flow, the Moose Creek Butte flow (), also belongs to the Mount Jackson group. Although younger than the Island Park Rhyolite, its geochemical similarity has led some researchers to propose it as a second-cycle post-collapse eruption.
Pumice of an unknown tuff unit at Broad Creek has an age range from to . Later Mount Jackson eruptions include the Flat Mountain Rhyolite () and the Harlequin Lake flow (). The Lewis Canyon Rhyolite group contains lavas dated to , though Robert L. Christiansen suggests they could be late-stage first-cycle eruptions. A recently discovered ash-flow unit is dated to . An explosive eruption deposited pumiceous fallout near Harlequin Lake, which is immediately overlain by the Mount Haynes lava (). An ash bed from a Yellowstone eruption was deposited in the
Great Salt Lake approximately ago. The age of the Big Bear Lake flow is uncertain, but it lies beneath the third-cycle caldera-forming
Lava Creek Tuff. Additional Mount Jackson flows may be buried within the Yellowstone caldera, inferred from intracaldera topography. The climatic ash-flow eruption of the third cycle was the Lava Creek Tuff, dated at , during a glacial–interglacial transition in the
Marine Isotope Stage. This composite tuff sheet consists of at least two members, distinguishable by a widely occurring welding intensity decrease between them, and represents a total ash-flow volume of about . Member A likely erupted south of
Purple Mountain, where it reaches its greatest thickness of and exhibits maximum welding. The Purple Mountain to Gibbon Canyon segment of caldera wall collapsed after the emplacement of Member A but before it completely cooled. A loose crystal ash unit separates Member A from Member B, indicating a break in the eruption sufficiently long for cooling of thick ash-flows. A thick pumiceous ash-fall deposit underlies Member B and probably marks its initial phase. Member B ash-flows extends radially outward along paleovalleys and more extensive plateau segments. The eruptive center for Member B appears to be situated farther east compared to that of Member A. However, this simplistic eruptive sequence has been challenged. An additional ash-flow unit (informally named unit 2) has been identified, venting from around Bog Creek. Unit 2 erupted some decades after Member A had cooled and overlies tuff fragments from Member A. Two additional rhyolite ash-flow units (unit 3 and unit 4) have been recognized, erupting from a vent near Stonetop Mountain and are previously undocumented parts of the Lava Creek Tuff. An unknown welded tuff underlying Member B at Flagg Ranch, not attributed to Member A, was emplaced shortly before the initial ashfall of Member B and is considered part of the early Lava Creek eruption. Rather than having the simple structure of just two ignimbrite sheets, the Lava Creek Tuff may consist of multiple ash-flow lobes from distinct magma bodies. The ash fallout from the Lava Creek Tuff eruption is known as the Lava Creek ash bed (formerly "Pearlette type O"), covering an area exceeding . Perkins and Nash (2002) estimated that the volume of this ash bed is greater than . It has been identified in the
Gulf of Mexico, near
Regina, Saskatchewan, in
Ventura, California, and in
Viola Center, Iowa.
Post-collapse rhyolites Post-collapse rhyolites likely erupted shortly after the Lava Creek Tuff. The subaerial post-collapse silicic rocks are collectively referred to as the Plateau Rhyolite, which primarily consists of lava flows. Plateau Rhyolite is divided into three intracaldera members—Upper Basin Member, Mallard Lake Member, and Central Plateau Member—and two extracaldera members—Obsidian Creek Member and Roaring Mountain Member. It is likely that rhyolitic pumice and ash were erupted during the opening of vents for each of these lava flows. The earliest intracaldera rhyolite, the East Biscuit Basin Flow of the Upper Basin Member, is dated to , followed by
felsic lithic clasts of an unknown unit () in
Yellowstone Lake, and the North Biscuit Basin Flow (). The earliest extracaldera rhyolite is the Riverside Flow () of the Roaring Mountain Member, broadly contemporaneous with the Middle Biscuit Basin Flow (). Two ash-flow tuff units of the Upper Basin Member include the -thick Tuff of Uncle Tom's Trail and the -thick Tuff of Sulphur Creek, the latter dated at . Tuff of Sulphur Creek is at least . These tuffs were deposited on the north flank of the Sour Creek dome. The Canyon lava flows of the Upper Basin Member erupted immediately after the Tuff of Sulphur Creek, as the ash-flow was still hot at the time of emplacement. Both the Tuff of Sulphur Creek and Canyon flows originated from a vent near Fern Lake. The two tuffs and Canyon flows have a combined magma volume of . The Dunraven Road Flow () of the Upper Basin Member overlies the Canyon flows and may have had an extracaldera vent. The Cougar Creek lava dome of the Roaring Mountain Member erupted north of the caldera. Four additional lava flows of the Obsidian Creek Member—Willow Park dome, Apollinaris Spring dome, Gardner River complex, and Grizzly Lake complex—erupted between and , in the vicinity of
Norris Geyser Basin northward toward
Mammoth Hot Springs. The South Biscuit Basin Flow of the Upper Basin Member erupted ago. The Scaup Lake Flow of the Upper Basin Member is dated to , while the Landmark dome of the Obsidian Creek Member is . Non-explosive eruptions of
lava and less-violent explosive eruptions have occurred in and near the Yellowstone caldera since the last supereruption. The most recent lava flow occurred about 70,000 years ago, while a violent eruption excavated the West Thumb of Lake Yellowstone 174,000 years ago. Smaller
steam explosions occur as well. An explosion 13,800 years ago left a diameter
crater at Mary Bay on the edge of Yellowstone Lake (located in the center of the caldera). Currently, volcanic activity is exhibited via numerous
geothermal vents scattered throughout the region, including the famous
Old Faithful Geyser, plus recorded ground-swelling indicating ongoing inflation of the underlying magma chamber. ==Hazards==