TOTAL VOLUME:

$134.2b

24H VOL:

$126,324,530

24H TRANSACTIONS:

2,388,728,490

OPEN INTEREST:

$1,434,646,834

406,019

Markets across

30,401

events

MATCHED EVENTS:

2,689

PLATFORM COVERAGE:

5

Polymarket:

39%

VS.

Kalshi:

61%

BETA
Dashboards
Insights
Indices
Tour
All
Trending
Breaking
New
Ending Soon
Politics
Sports
Crypto
Companies
Elections
Financials
Economics
Other
Entertainment
Science and Technology
2026 South Korean Local Elections: Party Winner
polymarket

2026 South Korean Local Elections: Party Winner

Volume:
$3,010,958

Democratic Party of Korea (DP)

 - Polymarket

Democratic Party of Korea (DP) - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Jun 4, 2026

Closed: Jun 2, 8:00 PM EST

polymarket

Polymarket

View
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

Democratic Party of Korea (DP)

View
100%
Yes 100¢No 0¢
0.1¢
N/A
$792,230
N/A
N/A
N/A
Settled
Yes
polymarket

Progressive Party (PP)

View
0%
Yes 0.1¢No 99.9¢
—
$350,908
$423,298
N/A
N/A
N/A
Settled
No
polymarket

Rebuilding Korea Party (RKP)

View
0%
Yes 0.1¢No 99.9¢
—
$334,693
$292,991
N/A
N/A
N/A
Settled
No
polymarket

Reform Party (RP)

View
0%
Yes 0.1¢No 99.9¢
—
$313,842
$206,194
N/A
N/A
N/A
Settled
No
polymarket

People Power Party (PPP)

View
0%
Yes 0.1¢No 99.9¢
—
N/A
$1,296,245
N/A
N/A
N/A
Settled
No
polymarket

Party C

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Party E

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Party G

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Other

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Party B

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Party D

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Party F

View
N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
Settled
No
Total markets: 12

Intro

This market tracks which party will win the most mayoral and gubernatorial races across South Korea's upper-level local governments in the 2026 elections. On Polymarket, the Democratic Party of Korea (DP) is priced at 98.1%, while the People Power Party (PPP) stands at 2.1%. Resolution will be determined by the South Korean National Election Commission's official results, with a party declared winner as soon as it becomes mathematically impossible for competitors to match or exceed its number of wins. Watch the June 3, 2026 election day for the results across the eight mayoral races and nine provincial governor races that will determine the outcome.

Frequently asked questions

This dashboard tracks real-time odds and trading activity for the 2026 South Korean Local Elections: Party Winner market on Polymarket. It displays the current probability that the People Power Party (PPP) will win the elections, along with historical price movements and market depth. The dashboard aggregates key metrics including total market volume of $3,009,427 and 24-hour trading volume of $93,260, giving traders and analysts a comprehensive view of how prediction market participants are pricing this major South Korean political event.

Prediction market odds on Polymarket reflect aggregated expectations from traders betting real capital, which often diverge from traditional polling. While polls measure stated voter preferences at a single point in time, prediction markets incorporate dynamic information including political developments, campaign momentum, and economic conditions. The market's pricing of the PPP's chances represents a continuous reassessment as new information emerges. Comparing these two signals helps identify whether traders believe polling data underestimates or overestimates the likelihood of a particular outcome in the 2026 local elections.

The market resolves on Jun 3, 2026, following the official conclusion of South Korea's 2026 local elections. Resolution is determined by the official results announced by South Korean electoral authorities regarding which party wins the majority of local government seats and positions contested in that election cycle. Traders holding shares in the winning outcome receive payouts proportional to their holdings, while incorrect predictions result in losses. The timing ensures that all votes are counted and certified before market settlement occurs.

Several categories of events could shift market odds significantly. Major political developments—such as leadership changes within the PPP or opposition parties, high-profile scandals, or policy announcements—often trigger sharp repricing. Economic indicators including inflation, employment, and growth rates influence voter sentiment and party support. International relations developments, particularly regarding North Korea or trade, can affect domestic political dynamics. Interim elections, by-elections, or local referenda may signal shifting voter preferences. Media coverage of campaign activities, debate performances, and polling releases provide continuous information that traders incorporate into their positions, causing prices to fluctuate throughout the period leading to the June 2026 elections.