The Demacia Cup Global Invitational 2026 knockout stage, underway in Beijing with best-of-five series under Fearless Draft, features three LCK teams and three LPL squads among the final eight alongside LCS representative FlyQuest. Strong Swiss-stage results from FlyQuest and LCK sides like KT Rolster and BNK FEARX have kept regional prospects balanced heading into quarterfinals and semifinals, while LPL squads such as JD Gaming and Team WE remain live despite early bracket tests. With each major region holding realistic paths through a single-elimination format and no dominant favorite emerging from recent matches, trader consensus reflects the even distribution of remaining contenders and the potential for any of the top three regions to claim the title depending on series outcomes.