Rules

This market will resolve to “Yes” if the iShares MSCI Brazil ETF (ticker: EWZ) records a last-sale price strictly below $30.00 USD for a continuous period of at least 10 minutes at any time after the creation of this market and before October 31, 2026 - 00:00 UTC.

Otherwise this market will resolve to “No.”

For the purposes of this market:

• “Last-sale price” refers to the reported last trade price on EWZ’s primary U.S. exchange listing (NYSE Arca). The 10-minute continuous period must consist of consecutive last-sale records during which every reported last-sale price is strictly below $30.00 USD. A single trade at or above $30.00 USD within the 10-minute window breaks continuity.

• Regular trading hours are 9:30 AM to 4:00 PM Eastern Time; after-hours trades only count if they are included in the primary exchange’s official consolidated last-sale feed. If EWZ is delisted, re-tickered, undergoes a corporate action, or is redenominated after market creation, the market will use the price-adjusted successor listing as reported by NYSE or official iShares/BlackRock communications.

• Only trades or price data occurring after the creation (deployment) of this market are eligible for resolution.