Incumbent Jan Liggett holds a modest edge in trader consensus as the certified field for Cambridge’s October 26 municipal election narrows following the August 21 nomination deadline. Councillor Scott Hamilton, who filed first and emphasizes community outreach, remains the clearest challenger with established council visibility. Businessman Ryan Bolender and later entrants Tony Chaves, Ihtsham Haq, and Ken Roche register lower implied probabilities. Two early candidates withdrew for personal and health reasons, reducing the field without shifting the core contest between Liggett’s incumbency record and Hamilton’s council experience. The absence of public polling and the multi-candidate structure keep probabilities clustered, with upcoming debates or campaign events likely to influence separation before election day.