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Politics·South Korea

2026 Busan Mayoral Election Winner

Market icon
Politics·South Korea

2026 Busan Mayoral Election Winner

Chun Jae-soo 76%

Park Heong-joon 21%

Suh Byung-soo 1.2%

Cho Kuk 1.2%

Polymarket

$348,199 Vol.

Chun Jae-soo 76%

Park Heong-joon 21%

Suh Byung-soo 1.2%

Cho Kuk 1.2%

Polymarket

$348,199 Vol.

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Chun Jae-soo

$29,476 Vol.

70%

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Park Heong-joon

$11,477 Vol.

21%

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Suh Byung-soo

$115,011 Vol.

1%

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Cho Kuk

$125,113 Vol.

1%

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Lee Jae-sung

$3,168 Vol.

1%

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Choi In-ho

$32,109 Vol.

1%

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Cho Kyoung-tae

$6,400 Vol.

1%

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Hong Soon-heon

$3,385 Vol.

<1%

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Kim Do-eup

$8,365 Vol.

<1%

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Park Jae-ho

$3,712 Vol.

<1%

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Kim Young-choon

$6,735 Vol.

<1%

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Park Seong-hoon

$3,249 Vol.

<1%

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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.Trader consensus favors Democratic Party lawmaker Chun Jae-soo at 69.5% implied probability to win the June 3, 2026 Busan mayoral election, driven by consistent opinion poll leads over incumbent People Power Party Mayor Park Heong-joon, including a late-March head-to-head matchup showing Chun at 43.7% to Park's 27.1% amid 29% undecided voters. Chun solidified his frontrunner status with an April 2 candidacy declaration, pledging to restore Busan as a maritime capital alongside President Lee Jae-myung's high approval ratings boosting opposition momentum. Park trails at 20.5% despite seeking a third term, hampered by his party's national slump, primary uncertainties, and recent court suspensions disrupting People Power Party nominations elsewhere. A fragmented field of lower-polling challengers like Suh Byung-soo aids Chun's plurality path, though primaries and undecideds pose risks ahead of the local elections.

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan.

This market will resolve according to the listed candidate that wins this election.

If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other".

This market will resolve based on the result of the election 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.
Volume
$348,199
End Date
Jun 3, 2026
Market Opened
Nov 12, 2025, 7:03 PM ET

Resolver

0x2F5e3684c...
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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.
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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.Trader consensus favors Democratic Party lawmaker Chun Jae-soo at 69.5% implied probability to win the June 3, 2026 Busan mayoral election, driven by consistent opinion poll leads over incumbent People Power Party Mayor Park Heong-joon, including a late-March head-to-head matchup showing Chun at 43.7% to Park's 27.1% amid 29% undecided voters. Chun solidified his frontrunner status with an April 2 candidacy declaration, pledging to restore Busan as a maritime capital alongside President Lee Jae-myung's high approval ratings boosting opposition momentum. Park trails at 20.5% despite seeking a third term, hampered by his party's national slump, primary uncertainties, and recent court suspensions disrupting People Power Party nominations elsewhere. A fragmented field of lower-polling challengers like Suh Byung-soo aids Chun's plurality path, though primaries and undecideds pose risks ahead of the local elections.

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan.

This market will resolve according to the listed candidate that wins this election.

If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other".

This market will resolve based on the result of the election 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.
Volume
$348,199
End Date
Jun 3, 2026
Market Opened
Nov 12, 2025, 7:03 PM ET

Resolver

0x2F5e3684c...
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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.

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Frequently Asked Questions

"2026 Busan Mayoral Election Winner" is a prediction market on Polymarket with 12 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Chun Jae-soo" at 70%, followed by "Park Heong-joon" at 21%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 70¢ implies that the market collectively assigns a 70% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "2026 Busan Mayoral Election Winner" has generated $348.2K in total trading volume since the market launched on Nov 13, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "2026 Busan Mayoral Election Winner," browse the 12 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "2026 Busan Mayoral Election Winner" is "Chun Jae-soo" at 70%, meaning the market assigns a 70% chance to that outcome. The next closest outcome is "Park Heong-joon" at 21%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "2026 Busan Mayoral Election Winner" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.