https://wccftech.com/chivalry-2-to-get-ray-tracing-after-launch-graphics-modes-and-dualsense-support-detailed/

Torn Banner Studios confirmed that Chivalry 2 will receive support for ray tracing at some point after launch through an update. They didn't, however, expand on which graphics effects will be ray traced.

The developers also revealed the graphics modes available to PlayStation 5 and Xbox Series X users and detailed how the PS5's DualSense controller will be used in Chivalry 2.