Will Luiz Inácio Lula da Silva finish in second place in the first round of the 2026 Brazilian presidential election?
Confirmed repricing; the market is settling at the new level.
The pricing is supported by healthy trading volume and market depth, a tight spread.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
StrongThe pricing is supported by healthy trading volume and market depth, a tight spread.
Consensus stability
Has the market settled at the new probability?
FormingMovement has slowed (1.7 points over six hours) but the market has not fully settled.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate who receives the second-most valid votes in the first round of this election.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate who receives the second-most valid votes in the first round of this election. The named candidates will be primarily ranked by the number of valid votes received in the specified election. If two or more candidates are tied on valid votes, ties will be broken by alphabetical order of the candidates' last names. This market will resolve to the candidate that occupies the second-highest finishing position after applying this ranking. If the result of this election isn't known definitively by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the Brazilian government, specifically the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) (e.g., https://dadosabertos.tse.jus.br/).
What could move this market next?
- The market's deadline arrivesOctober 3, 2026 at 8:00 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Aug 12, 11:19 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: high · expected error ±13 pts.
What's happening
Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.