Resolution criteria on PolyGram: Colombia's presidential elections are scheduled for May 31, 2026, and a second round (if required) on June 21, 2026, in case 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 December 31, 2026, 11:59 PM ET, the market will resolve to "No". This market will resolve based on the election results, as indicated by a consensus of credible reporting.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Will any presidential candidate win outright in the first round of the Colombia's election? | 6% YES | 95% NO |
Colombia will hold its presidential election on 31 May 2026, with a runoff scheduled for 21 June if no candidate secures an outright majority (over 50%) of valid votes in the first round. The 6% implied probability on Polymarket's order book reflects the historical rarity of first-round victories in Colombian presidential contests, where two-round systems typically produce competitive fields that fragment the vote across multiple candidates.
Colombian presidential elections have consistently required second rounds since the adoption of the current electoral framework. In 2022, Gustavo Petro won the runoff with 50.4% in the second round after finishing first in the initial ballot with 40.3%, whilst in 2018 Iván Duque secured 39.4% in the first round before winning decisively in the second. The fragmentation of Colombia's political landscape across regional, ideological and personality-driven factions makes consensus-building around a single candidate before election day structurally difficult. The current 6% probability reflects this institutional pattern rather than exceptional candidate strength.
Traders should monitor candidate registration deadlines and polling trends through early 2026, particularly whether any single figure emerges with commanding support above 50% in credible surveys. The Colombian electoral authority (CNE) will announce official first-round results within days of voting. Key variables include turnout levels, regional voting patterns and whether unexpected consolidation occurs around a frontrunner in the final campaign weeks. Recent Colombian elections have shown volatility in late-stage polling, though no candidate has yet broken the 50% threshold before voting commenced.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Will any presidential candidate win outright in the first round of the Colombia's election?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$47K in lifetime turnover and $21K of resting liquidity puts this market in the above the median by volume for global elections contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.
Last 24 hours alone saw $2K in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 10 months — long enough that the order book is mature and price is well-anchored to fundamentals.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
As of today, traders on Polymarket price this outcome at 6%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 31 May 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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