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%

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Politics
How many South Korean mayor/governor races will DP win?
polymarket

How many South Korean mayor/governor races will DP win?

Volume:
$61,717

12

 - Polymarket

12 - 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

12

View
100%
Yes 100¢No 0¢
1¢
N/A
$5,445
N/A
N/A
N/A
Settled
Yes
polymarket

≤10

0%
Yes 0¢No 100¢
—
N/A
$23,951
N/A
N/A
N/A
Settled
No
polymarket

13

0%
Yes 0¢No 100¢
—
N/A
$7,957
N/A
N/A
N/A
Settled
No
polymarket

14

0%
Yes 0¢No 100¢
—
N/A
$7,911
N/A
N/A
N/A
Settled
No
polymarket

15

0%
Yes 0¢No 100¢
—
N/A
$7,060
N/A
N/A
N/A
Settled
No
polymarket

11

0%
Yes 0¢No 100¢
—
N/A
$6,122
N/A
N/A
N/A
Settled
No
polymarket

≥16

0%
Yes 0¢No 100¢
—
N/A
$3,269
N/A
N/A
N/A
Settled
No
Total markets: 7

Intro

This market tracks how many of South Korea's upper-level mayoral and gubernatorial seats the Democratic Party will capture in the 2026 local elections. On Polymarket, the leading outcome—that the DP wins 12 such races—stands at 33.0%, while the DP winning 11 races carries a probability of 25.8%. Resolution will be determined by the official results reported by South Korea's National Election Commission following the June 3, 2026 elections.

Frequently asked questions

The dashboard tracks real-time odds and trading activity for the Democratic Party's performance in South Korean upper-level local government races on Polymarket. It displays the current probability of the top outcome, live price movements, historical odds trends, and 24-hour trading volume of $15,378. The tracker aggregates all contract variants related to DP mayoral and gubernatorial race outcomes, giving traders and analysts a comprehensive view of market sentiment regarding how many races the party will win before the Jun 3, 2026 resolution date.

Prediction market odds on Polymarket reflect real-money trader expectations, which often diverge from traditional polling. While polls measure voter sentiment at a single point in time, prediction markets incorporate ongoing information, campaign developments, and trader conviction. For this South Korean local election event, market participants are pricing in factors like party momentum, regional dynamics, and historical performance patterns. Comparing market odds to pre-election surveys can reveal whether traders expect outcomes more or less favorable to the DP than current polling suggests, offering a complementary perspective on likely race results.

The market resolves on Jun 3, 2026, following the conclusion of South Korean mayoral and gubernatorial elections. Resolution will be determined by the official final count of upper-level local government races won by the Democratic Party. Traders should monitor official election results and any recount or certification processes that may affect the final tally. The specific outcome threshold—such as 10 or fewer races—will be compared against verified results to settle all related contracts on Polymarket.

Key catalysts include campaign announcements, regional polling releases, candidate endorsements, and major political developments affecting DP support. Election-day turnout patterns, voter mobilization efforts, and last-minute policy announcements could shift market odds significantly. International or domestic economic news, leadership changes, or scandal disclosures may also influence trader positioning. As the Jun 3, 2026 resolution date approaches, early voting results and exit polls will likely trigger sharp price movements. Traders should monitor South Korean political media and official party statements for signals that could alter expectations about the DP's final race-win count.