Presidential elections are scheduled to be held in Chile on November 16, 2025. If no candidate secures more than 50% of the vote outright, a second round of elections will be scheduled. This market will resolve to the candidate that wins this election. Otherwise, this market will resolve to "No". This market includes any potential second round. If the result of this election isn't known by May 31, 2026, 11:59 PM ET, the market will resolve to "No". This market will resolve based on the result of this 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 Chilean Government, specifically the Chilean Electoral Service (Servicio Electoral de Chile, Serval) (https://www.servel.cl/).