Will Lula win the most votes in the second round of the Brazil presidential election from Amapá?

Current price

26.5¢

−6¢ · 24h

Implied probability 26.5%
$62.5K total volume · YES/NO

7-day range 10.5–39.5¢

Low gotcha risk

Gotcha risk — resolution-rule assessment

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This market establishes clear criteria based on the candidate receiving the most valid votes in the state of Amapá during the second round of Brazil's presidential election. While it initially relies on a consensus of credible reporting, it explicitly designates the Brazilian Superior Electoral Court (Tribunal Superior Eleitoral, TSE) as the definitive official authority in case of any ambiguity. It includes a specific tie-breaking rule based on the alphabetical order of listed names and a long backstop deadline extending well beyond the scheduled election date, ensuring minimal risk of surprising outcomes.

Wording ambiguity
Low
Source discretion
Med
Timing risk
Low
Exceptional clauses
Low

Liquidity

Medium tradability

Moderate book at the daily check: a spread over 1¢, or less than $50K within 5¢ of the mid. Larger orders may move the price, so check the book before sizing.

Book depth $18.8K within 5¢ of mid
Price history range

Price history

Market price
15¢20¢25¢30¢35¢16:5600:5508:5316:51
0¢20¢40¢60¢Oct 12Oct 15Oct 17Oct 19
0¢10¢20¢30¢Oct 11Oct 14Oct 17Oct 19

Why it moved

Down 16 points · 18 Oct 2026, 20:00 UTC

No clear catalyst

The price fell from 36% to 20%, but available news reports covering general rallies and debate preparations showed no specific developments regarding Amapá to explain the move.

  • Largest hourly change: 20:00 UTC, 53% of the net 24-hour change.
  • Closes 7 days after the move hour.

AI-generated · 19 Oct 2026, 01:05 UTC

Resolution rules

The second round of the presidential election is scheduled to take place in Amapá, Brazil on October 25, 2026. This market will resolve according to the listed candidate who receives the most valid votes in the second round of this election from Amapá. Candidates will be primarily ranked by order of valid votes won in Amapá. If two or more candidates are tied for any position, ties will be broken by alphabetical order of the candidates’ listed full names as they appear in this market. This market will resolve to the candidate that occupies the 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/).

Rules history

Rules history is not displayed yet.

Market explained

This market measures whether Luiz Inácio Lula da Silva wins the most valid votes in Amapá during the second round of Brazil's presidential election, with an alphabetical tiebreaker rule in place.

How it resolves

The market resolves to Yes if Lula wins the most valid votes in Amapá in the second round of the presidential election, or wins an alphabetical tiebreaker if tied for first place. The market resolves to No if another listed candidate finishes highest after applying vote totals and any alphabetical tiebreakers. The market resolves to Other if the definitive result of the election is not known by June 30, 2027, at 11:59 PM ET. Resolution is determined by a consensus of credible reporting, with official results from Brazil's Superior Electoral Court (Tribunal Superior Eleitoral, TSE) serving as the deciding source if ambiguity arises.

Key dates

  • Second round election date: — Scheduled date of the second round of the presidential election in Amapá, Brazil.
  • Resolution deadline: — Latest date to determine the result definitively before resolving to Other.

Resolution source

Consensus of credible reporting, or the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) in case of ambiguity.

AI-generated analysis · google/gemini-3.7-flash ·

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