AbstractA giant caldera located in the eastern segment of the Gakkel Ridge could be firstly seen on the bathymetric map of the Arctic Ocean published in 1999. In 2014, seismic and multibeam echosounding data were acquired at the location. The caldera is 80 km long, 40 km wide and 1.2 km deep. The total volume of ejected volcanic material is estimated as no less than 3000 km3 placing it into the same category with the largest Quaternary calderas (Yellowstone and Toba). Time of the eruption is estimated as ~1.1 Ma. Thin layers of the volcanic material related to the eruption had been identified in sedimentary cores located about 1000 km away from the Gakkel Ridge. The Gakkel Ridge Caldera is the single example of a supervolcano in the rift zone of the Mid-Oceanic Ridge System.