Will any presidential candidate win outright in the first round of the Brazil election?

Presidential elections are scheduled to be held in Brazil on October 4, 2026. A second round will be held if no candidate secures more than 50% of the valid votes in the first round. This market will resolve to "Yes" if any candidate wins this election in the first round. Otherwise, this market will resolve to "No". If the result of the first round of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "No". 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/).

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.