Will anyone win outright in the Brazil Presidential election?

On Oct 4, 2026 If any candidate receives the required threshold of votes (50%) to be declared the winner after the first round of the 2026 Brazil Presidential election, eliminating the need for any subsequent rounds, runoffs, or instant-runoff tabulations, then the market resolves to Yes. The market resolves to Yes if any candidate meets the legal threshold to avoid a second round. In two-round systems, this typically means receiving more than 50% of valid votes in the first round. In instant-r