Preheat Instant Pot on sauté setting 3 minutes. Add oil and heat until shimmering, add onions, peppers and 1 teaspoon salt; cook until vegetables start to soften and onions are translucent, about 6 minutes. Add chili powder, tomato paste, garlic, chipotle and adobo, cumin, oregano, and coriander; cook 2 minutes.
Stir in 3 cups water, and cook, scraping up any browned bits on bottom of pan.
Stir in squash, diced tomatoes, crushed tomatoes, lentils, and soy sauce.
Lock lid in place and close pressure release valve. Select low pressure cook function and cook for 11 minutes. Turn off Instant Pot and quick-release pressure.
Stir in beans and honey; season with salt to taste.
Drizzle servings of chili with olive oil, top with desired toppings, and serve with a lime wedge.
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