President Yoon Suk Yeol's December 2024 declaration of martial law—quickly overturned by the National Assembly—sparked a political crisis, culminating in his impeachment by the opposition-led legislature and ongoing Constitutional Court review, severely eroding People Power Party (PPP) support amid low approval ratings below 30%. The Democratic Party of Korea (DP), bolstered by its 2024 legislative election landslide securing over 170 National Assembly seats, dominates current polls for the June 2026 local elections, where the party winning the most governorships and metropolitan mayors takes victory. Trader consensus reflects this momentum, pricing DP at near-certainty due to ruling party disarray and historical patterns favoring assemblies in local races. Upsets could arise from a swift court reinstatement of Yoon, PPP leadership renewal, or Democratic scandals, though such shifts remain low-probability before the vote.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · AktualisiertDemokratische Partei Koreas (DP) 94.7%
People Power Party (PPP) 5.0%
Progressive Partei (PP) <1%
Reformpartei (RP) <1%
$1,616,925 Vol.
$1,616,925 Vol.

Demokratische Partei Koreas (DP)
95%

People Power Party (PPP)
5%

Progressive Partei (PP)
<1%

Reformpartei (RP)
<1%

Rebuilding Korea Party (RKP)
<1%
Demokratische Partei Koreas (DP) 94.7%
People Power Party (PPP) 5.0%
Progressive Partei (PP) <1%
Reformpartei (RP) <1%
$1,616,925 Vol.
$1,616,925 Vol.

Demokratische Partei Koreas (DP)
95%

People Power Party (PPP)
5%

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...Resolver
0x2F5e3684c...President Yoon Suk Yeol's December 2024 declaration of martial law—quickly overturned by the National Assembly—sparked a political crisis, culminating in his impeachment by the opposition-led legislature and ongoing Constitutional Court review, severely eroding People Power Party (PPP) support amid low approval ratings below 30%. The Democratic Party of Korea (DP), bolstered by its 2024 legislative election landslide securing over 170 National Assembly seats, dominates current polls for the June 2026 local elections, where the party winning the most governorships and metropolitan mayors takes victory. Trader consensus reflects this momentum, pricing DP at near-certainty due to ruling party disarray and historical patterns favoring assemblies in local races. Upsets could arise from a swift court reinstatement of Yoon, PPP leadership renewal, or Democratic scandals, though such shifts remain low-probability before the vote.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · Aktualisiert
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