Does Lula win the presidential re-election in Brazil?

Market context

Resolve with the official result of the TSE (first or second round). If Lula is not a candidate, resolve No.

Resolution criteria

• How it resolvesResolve Yes if the Superior Electoral Court (TSE) of Brazil declares Luiz Inácio Lula da Silva the winner of the presidential election of 2026, either in the first round (October 4) or in the second round (October 25). Resolve No if anyone else is declared the winner, or if Lula does not participate as a candidate. If the election is postponed beyond December 31, 2026, the market is canceled and the positions are reimbursed.