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Peaking is when you poop so much that the poop looks like a mountain. With the top peaking over the water making a peak.
I took such a big poop it was peaking.
Peaking by Peaking January 7, 2015
Peaking is when someone usually a guy, has sex with 5 or more women at once. Once he has finished and came all over them, he promptly blows his brains out all over them because his life will never be any better.
I don't blame Jody for peaking last night, his life was all downhill from there...
Peaking by Dukes-of-Forsyth February 13, 2014
Loving it up at a club, usually while on E's. Although can be seen to be done by some retard townies at crappy, cheesy night clubs.

Someone who peaks often can become known as a peaker.
"Was you peaking last night"

"Look at that knob head peaking"

"That clubs shit, its full of peakers"
peaking by Marma D August 29, 2003
When Thomas Croxen does 10 situps in the sun and reaches peak performance.
TOM YOUR PEAKING!
Peaking by Peakingboss June 8, 2011
The moment at which an individual involved in acts of a sexual nature reaches their utmost level of orgasm.
That porn was dope they were peaking at the same time.

Alternatively

Girl: lady’s first isn’t it?
Boy: I’m a feminist, I believe in equal everything even when we are peaking

Alternatively

Her eyes roll back and thighs shake when she’s peaking.
Peaking by Frankolin August 5, 2019
The act of getting an erection while wearing jeans that are slightly too small, with the end result of the dickhead poking out of the top of the jeans. Usually unbeknownst to the owner.
Hey mate you’re peaking.”
“Ah fuck I knew I should have bought a new pair of jeans.”
Peaking by Iamn00bish June 7, 2020