TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 3, 2:00 PM EST
Polymarket
This market tracks the winning margin in the 2026 Busan mayoral election, specifically whether candidate Chun Jae-soo will prevail by a narrow or moderate gap. On Polymarket, the probability that Chun Jae-soo wins by between 5% and 10% stands at 35.0%, while the probability he wins by less than 5% is 26.5%. Resolution will be determined by the official vote count from South Korea's National Election Commission following the election on June 3, 2026.
Prediction market odds on Polymarket reflect aggregated trader beliefs about the margin of victory, which may diverge from traditional polling averages. While polls measure voter preference at a single point in time, prediction markets incorporate ongoing information, campaign developments, and trader conviction about the final outcome. Polls typically focus on head-to-head matchups, whereas this market specifically prices the magnitude of victory. Comparing the two reveals whether markets expect a closer or more decisive race than recent survey data suggests, offering complementary perspectives on election dynamics.
The market resolves on Jun 3, 2026, following the official 2026 Busan mayoral election. Resolution is determined by the final certified vote margin between the winning candidate and the runner-up. The outcome depends on which margin threshold is crossed—whether the victor wins by the specified percentage or vote differential. Official election results from Busan authorities will serve as the authoritative source for determining which contract outcome occurred. Early or absentee voting patterns and final turnout will influence the actual margin realized on election day.
Key catalysts include major campaign announcements, candidate endorsements from prominent political figures, and shifts in Busan's economic or social conditions affecting voter priorities. Polling releases showing tightening or widening margins will directly influence market prices. Debates, scandals, or gaffes involving leading candidates can rapidly reshape trader expectations about competitiveness. Regional political developments, national policy changes, or demographic shifts in Busan's electorate may alter the race dynamics. Media coverage intensity and voter turnout projections closer to June 2026 will also drive market repricing as traders update their margin forecasts.