Ju Wenjun enters as the clear market leader in this six-player double round-robin due to her status as reigning Women’s World Champion and her victory in the 2024 inaugural edition. The field features strong recent form from rising talents like Zhu Jiner, who has climbed rapidly to near the top of the women’s rankings ahead of her debut, and Bibisara Assaubayeva, whose elite blitz skills provide an edge in Armageddon tiebreaks. Anna Muzychuk returns as the defending Norway Chess Women champion, while Humpy Koneru and Divya Deshmukh bring consistent classical strength and Indian chess momentum. With the May 25–June 5 event in Oslo approaching, trader pricing reflects the wisdom of crowds weighting experience and recent rating gains over the compact, high-stakes format.