The Democratic Party of Korea's commanding 95.7% implied probability in the 2026 local elections market reflects trader consensus on the People Power Party's severe crisis following President Yoon Suk Yeol's short-lived martial law declaration on December 3, 2024, and his subsequent impeachment by the opposition-controlled National Assembly on December 14. Massive protests and plummeting PPP approval ratings—amid ongoing Constitutional Court hearings on Yoon's fate—have deepened ruling party disarray, echoing its 2022 local election rout despite Yoon's 2022 presidential win. Historical mid-term patterns favor opposition sweeps when incumbents falter. While a Yoon acquittal or PPP leadership reboot could narrow the gap, traders see scant realistic paths for reversal before the June 2026 vote.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · AktualisiertDemokratische Partei Koreas (DP) 95.6%
People Power Party (PPP) 3.9%
Progressive Partei (PP) <1%
Reformpartei (RP) <1%
$1,985,150 Vol.
$1,985,150 Vol.

Demokratische Partei Koreas (DP)
96%

People Power Party (PPP)
4%

Progressive Partei (PP)
<1%

Reformpartei (RP)
<1%

Rebuilding Korea Party (RKP)
<1%
Demokratische Partei Koreas (DP) 95.6%
People Power Party (PPP) 3.9%
Progressive Partei (PP) <1%
Reformpartei (RP) <1%
$1,985,150 Vol.
$1,985,150 Vol.

Demokratische Partei Koreas (DP)
96%

People Power Party (PPP)
4%

Progressive Partei (PP)
<1%

Reformpartei (RP)
<1%

Rebuilding Korea Party (RKP)
<1%
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Markt eröffnet: Dec 2, 2025, 5:04 PM ET
Resolver
0x2F5e3684c...This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Resolver
0x2F5e3684c...The Democratic Party of Korea's commanding 95.7% implied probability in the 2026 local elections market reflects trader consensus on the People Power Party's severe crisis following President Yoon Suk Yeol's short-lived martial law declaration on December 3, 2024, and his subsequent impeachment by the opposition-controlled National Assembly on December 14. Massive protests and plummeting PPP approval ratings—amid ongoing Constitutional Court hearings on Yoon's fate—have deepened ruling party disarray, echoing its 2022 local election rout despite Yoon's 2022 presidential win. Historical mid-term patterns favor opposition sweeps when incumbents falter. While a Yoon acquittal or PPP leadership reboot could narrow the gap, traders see scant realistic paths for reversal before the June 2026 vote.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · Aktualisiert
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