Trader consensus on Polymarket positions Rafael López Aliaga as the frontrunner at 33% implied probability for Peru's April 12 first-round presidential election, driven by his consistent late-March poll leads or ties (11-16% in Datum, CPI, and Imasolu surveys) amid voter priorities on crime, corruption, and insecurity following years of instability under interim President Balcázar. In the fragmented field of 34 candidates requiring a runoff for sub-50% finishers, López Aliaga's far-right Popular Renewal platform—emphasizing tough-on-crime policies, conservative social stances, and Lima mayoral experience—differentiates him from Keiko Fujimori's (19.5%) scandal-weary Fujimorist base and Carlos Álvarez's (14.9%) progressive comedian outsider appeal. High undecided rates (15-25%) and recent televised debates, where frontrunners faced criticism, could consolidate anti-establishment support or enable regional surges ahead of the vote.
Experimental AI-generated summary referencing Polymarket data · UpdatedPeru Presidential Election Winner
Peru Presidential Election Winner
Rafael López Aliaga 33%
Keiko Fujimori 20%
Carlos Álvarez 14.9%
Roberto Sánchez Palomino 8.4%
$4,921,325 Vol.
$4,921,325 Vol.

Rafael López Aliaga
33%

Keiko Fujimori
20%

Carlos Álvarez
15%

Roberto Sánchez Palomino
8%

Alfonso López Chau
8%

Jorge Nieto
6%

Ricardo Belmont
3%

Marisol Pérez Tello
1%

Wolfgang Grozo
1%

Carlos Espá
1%

Mesías Guevara
1%

Yonhy Lescano
1%

George Forsyth
<1%

César Acuña
<1%

Roberto Chiabra
<1%

Mario Vizcarra
<1%

José Williams
<1%

Fernando Olivera
<1%

Vladimir Cerrón
<1%

José Luna
<1%

Fiorella Molinelli
<1%

Rafael Belaúnde Llosa
<1%

Enrique Valderrama
<1%
Rafael López Aliaga 33%
Keiko Fujimori 20%
Carlos Álvarez 14.9%
Roberto Sánchez Palomino 8.4%
$4,921,325 Vol.
$4,921,325 Vol.

Rafael López Aliaga
33%

Keiko Fujimori
20%

Carlos Álvarez
15%

Roberto Sánchez Palomino
8%

Alfonso López Chau
8%

Jorge Nieto
6%

Ricardo Belmont
3%

Marisol Pérez Tello
1%

Wolfgang Grozo
1%

Carlos Espá
1%

Mesías Guevara
1%

Yonhy Lescano
1%

George Forsyth
<1%

César Acuña
<1%

Roberto Chiabra
<1%

Mario Vizcarra
<1%

José Williams
<1%

Fernando Olivera
<1%

Vladimir Cerrón
<1%

José Luna
<1%

Fiorella Molinelli
<1%

Rafael Belaúnde Llosa
<1%

Enrique Valderrama
<1%
This market will resolve according to the listed candidate who wins the next Peruvian Presidential election.
This market includes any potential second round.
If the results are not known definitively by October 31, 2026, 11:59 PM ET, this market will resolve to "Other".
This market will resolve based on the results of this election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve solely on the official results as reported by the Peruvian government, specifically the National Office of Electoral Processes (Oficina Nacional de Procesos Electorales, ONPE) (https://www.onpe.gob.pe/elecciones/) and the National Jury of Elections (Jurado Nacional de Elecciones, JNE) (https://portal.jne.gob.pe/portal/)
Market Opened: Dec 16, 2025, 2:57 PM ET
Resolver
0x2F5e3684c...This market will resolve according to the listed candidate who wins the next Peruvian Presidential election.
This market includes any potential second round.
If the results are not known definitively by October 31, 2026, 11:59 PM ET, this market will resolve to "Other".
This market will resolve based on the results of this election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve solely on the official results as reported by the Peruvian government, specifically the National Office of Electoral Processes (Oficina Nacional de Procesos Electorales, ONPE) (https://www.onpe.gob.pe/elecciones/) and the National Jury of Elections (Jurado Nacional de Elecciones, JNE) (https://portal.jne.gob.pe/portal/)
Resolver
0x2F5e3684c...Trader consensus on Polymarket positions Rafael López Aliaga as the frontrunner at 33% implied probability for Peru's April 12 first-round presidential election, driven by his consistent late-March poll leads or ties (11-16% in Datum, CPI, and Imasolu surveys) amid voter priorities on crime, corruption, and insecurity following years of instability under interim President Balcázar. In the fragmented field of 34 candidates requiring a runoff for sub-50% finishers, López Aliaga's far-right Popular Renewal platform—emphasizing tough-on-crime policies, conservative social stances, and Lima mayoral experience—differentiates him from Keiko Fujimori's (19.5%) scandal-weary Fujimorist base and Carlos Álvarez's (14.9%) progressive comedian outsider appeal. High undecided rates (15-25%) and recent televised debates, where frontrunners faced criticism, could consolidate anti-establishment support or enable regional surges ahead of the vote.
Experimental AI-generated summary referencing Polymarket data · Updated
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