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

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.

Chong Won-oh

Oh Se-hoon

Hong Ihk-pyo

2026 Seoul Mayoral Election Winner

The Daegu mayoral election is scheduled to take place on June 3, 2026.

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

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).


Choo Kyung-ho

Kim Boo-kyum

Lee Jin-sook

Daegu Mayoral Election Winner

The Incheon mayoral election is scheduled to take place in Incheon, South Korea on June 3, 2026 to elect the next mayor of Incheon. 

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

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).


Park Chan-dae

Yoo Jeong-bok

Bae June-young

Incheon Mayoral Election Winner

This market will resolve to "Yes" if North Korea commences a military offensive intended to establish control over any portion of the South Korea by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be will be official confirmation by South Korea, North Korea, the United Nations, or any permanent member of the UN Security Council, however a consensus of credible reporting will also be used.

North Korean SK Invasion

Will North Korea invade South Korea before 2027?

South Korean local elections are scheduled to be held on June 3, 2026. 

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.

Democratic Party of Korea (DP)

People Power Party (PPP)

Progressive Party (PP)

2026 South Korean Local Elections: Party Winner

The Chungcheongnam Province gubernatorial election is scheduled to take place in South Korea on June 3, 2026 to elect the next governor of Chungcheongnam Province. 

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

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).


Park Soo-hyun

Kim Tae-heum

Yang Seung-jo

Chungcheongnam Province Governor Election Winner

The 2026 Gyeonggi Province gubernatorial election is scheduled to take place on June 3, 2026 to elect the next Governor of Gyeonggi Province.

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.

Choo Mi-ae

Yang Hyang-ja

Cho Eung-chun

2026 Gyeonggi Province Gubernatorial Election Winner

The 2026 Gyeongsangnam Province gubernatorial election is scheduled to take place on June 3, 2026 to elect the next Governor of Gyeongsangnam Province.

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.

Park Wan-soo

Kim Kyung-soo

2026 Gyeongsangnam Province Gubernatorial Election Winner

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.

Chun Jae-soo

Park Heong-joon

Cho Kyoung-tae

2026 Busan Mayoral Election Winner

The 2026 Chungcheongbuk Province gubernatorial election is scheduled to take place in South Korea on June 3, 2026 to elect the next governor of Chungcheongbuk Province. 

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

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).

Shin Yong-han

Kim Young-hwan

Do Jong-hwan

Chungcheongbuk Province Governor Election Winner

The Ulsan mayoral election is scheduled to take place on June 3, 2026.

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

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).


Kim Sang-wook

Kim Doo-kyum

Kim Jong-hoon

Ulsan Mayoral Election Winner

This market will resolve to "Yes" if the Leader of the Democratic Party of Korea Lee Jae-myung is arrested or detained by law enforcement by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying arrest/detention includes:
* Being taken into physical custody by law enforcement authorities (including federal, state, local, military, or international law enforcement)
* Voluntarily surrendering to law enforcement authorities in response to an arrest warrant
* Being formally booked or processed following detention
* Being handcuffed by a state authority and taken to a police station
* Surrendering at a police station or courthouse with their attorney
* Being placed under house arrest or electronic monitoring

The following scenarios will NOT qualify as an arrest/detention
* An arrest warrant being issued but not executed
* Being questioned or interviewed without arrest
* Being named in an indictment without arrest

The primary resolution source for this market will be official information from the arresting government and law enforcement, however a consensus of credible reporting may also be used.

Lee Jae-myung Arrest

Lee Jae-myung arrested before 2027?

This market will resolve according to the change in the base rate resulting from the Bank of Korea’s May monetary policy meeting, relative to the level it was prior to this meeting.

The resolution source for this market is information released by the Bank of Korea after its May 28, 2026 policy-setting meeting, as listed on the official Bank of Korea meeting schedule: https://www.bok.or.kr/eng/bbs/E0000627/view.do?nttId=10094301&searchCnd=1&searchKwd=&depth2=400417&depth3=400022&depth=400022&pageUnit=10&pageIndex=1&programType=newsDataEng&menuNo=400022&oldMenuNo=400022

This market may resolve as soon as the Bank of Korea's policy statement for their May 28, 2026 meeting with relevant data is issued. If no decision on the base rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

No Change

Increase

Decrease

Bank of Korea decision

Bank of Korea decision in May?

The Gangwon Province gubernatorial election is scheduled to take place in South Korea on June 3, 2026 to elect the next governor of Gangwon Province. 

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

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).

Woo Sang-ho

Kim Jin-tae

Kim Wan-seop

Gangwon Province Governor Election Winner

This market will resolve to “Yes” if Lee Jae-myung ceases to be the President of South Korea for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Lee Jae-myung's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.

The resolution source for this market will be official information from Lee Jae-myung and the government of South Korea; however, a consensus of credible reporting may also be used.

Lee Jae-myung out as president of South Korea in 2026?

This market will resolve to “Yes” if Jung Chung-rae ceases to be the leader of the Democratic Party of Korea for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Chung-rae’s resignation/removal before this market’s end date will immediately resolve this market to “Yes”, regardless of when the announced resignation/removal goes into effect.

If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.

The resolution source for this market will be official information from Jung Chung-rae and the Democratic Party of Korea; however, a consensus of credible reporting may also be used.

December 31

This market will resolve to “Yes” if Jung Chung-rae ceases to be the leader of the Democratic Party of Korea for any period of time between market creation and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Chung-rae’s resignation/removal before this market’s end date will immediately resolve this market to “Yes”, regardless of when the announced resignation/removal goes into effect.

If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.

The resolution source for this market will be official information from Jung Chung-rae and the Democratic Party of Korea; however, a consensus of credible reporting may also be used.

June 30

Jung Chung-rae out as DP leader by...?

South Korean local elections are scheduled to be held on June 3, 2026.

This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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.

If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

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.


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

The Daejeon mayoral election is scheduled to take place on June 3, 2026.

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

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).


Huh Tae-jung

Lee Jang-woo

Daejeon Mayoral Election Winner

At least four South Korean parliamentary seats will be contested in by-elections on June 3, 2026, held alongside the nationwide local elections taking place on the same day. Re-elections are equivalent to by-elections for the purposes of this market.

This market will resolve according to the number of National Assembly seats won by the People Power Party (PP) in parliamentary by-elections scheduled for June 3, 2026.

Any seat won by the People Power Party in these elections will count, regardless of the party that controlled the relevant seat prior to these elections. Seats uncontested during the June 3 election will not have any impact on the resolution of this market.

If the results of these elections are not known by December 31, 2026, 11:59 PM ET, this market will resolve to the lowest range bracket.
This market’s resolution will be based solely on the number of seats won by the specified party in these elections, not any coalition or alliance of which it may be a part.

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.

Note: this market includes any National Assembly seats contested in by-elections scheduled for June 3, 2026, not just elections which are scheduled as of this market’s creation.

At least four South Korean parliamentary seats will be contested in by-elections on June 3, 2026, held alongside the nationwide local elections taking place on the same day. Re-elections are equivalent to by-elections for the purposes of this market.

This market will resolve according to the number of National Assembly seats won by the People Power Party (PP) in parliamentary by-elections scheduled for June 3, 2026.

Any seat won by the People Power Party in these elections will count, regardless of the party that controlled the relevant seat prior to these elections. Seats uncontested during the June 3 election will not have any impact on the resolution of this market.

If the results of these elections are not known by December 31, 2026, 11:59 PM ET, this market will resolve to the lowest range bracket.
This market’s resolution will be based solely on the number of seats won by the specified party in these elections, not any coalition or alliance of which it may be a part.

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 (http://nec.go.kr/site/nec/main.do).

Note: this market includes any National Assembly seats contested in by-elections scheduled for June 3, 2026, not just elections which are scheduled as of this market’s creation.

# of seats won by PPP in South Korea by-elections?

This market will resolve to "Yes" if the President of South Korea, Lee Jae-myung, is formally impeached by the South Korean National Assembly by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

For this market to resolve to "Yes" it is only necessary that the National Assembly propose and approve a motion of impeachment against Lee Jae-myung, regardless of whether the Constitutional Court later upholds the impeachment.

The primary resolution source for this market is official information from the South Korean government, however a consensus of credible reporting may be used.

Lee Jae-myung Impeachment

Lee Jae-myung impeached before 2027?

The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026.

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

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 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 (https://www.nec.go.kr/).

Min Hyung-bae

Lee Jung-hyun

Jeonnam–Gwangju Mayoral Election Winner

This market will resolve according to the change in the base rate resulting from the Bank of Korea’s July monetary policy meeting, relative to the level it was prior to this meeting.

The resolution source for this market is information released by the Bank of Korea after its July 16, 2026 policy-setting meeting, as listed on the official Bank of Korea meeting schedule: https://www.bok.or.kr/eng/bbs/E0000627/view.do?nttId=10094301&searchCnd=1&searchKwd=&depth2=400417&depth3=400022&depth=400022&pageUnit=10&pageIndex=1&programType=newsDataEng&menuNo=400022&oldMenuNo=400022

This market may resolve as soon as the Bank of Korea's policy statement for their July 16, 2026 meeting with relevant data is issued. If no decision on the base rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

Bank of Korea decision in July?

This market will resolve according to the total precipitation in mm in Seoul in May, 2026, according to the Korea Meteorological Administration's information for the region/branch of "Seoul".

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

The resolution source for this market will be the Korea Meteorological Administration, specifically the figure for monthly precipitation in mm when the classification is set for "ground", the region/branch is set for "Seoul", the element is set for "precipitation", and the period is set for the month of May at the https://data.kma.go.kr/climate/RankState/selectRankStatisticsDivisionList.do link once the figure is finalized for the whole month of May 2026.

If the relevant data is not available by July 7, 2026, 11:59 PM ET, another credible resolution source will be chosen.

The resolution source for this market measures precipitation to 1 decimal place (e.g., 1.5), thus, this is the level of precision that will be used when resolving this market. Any revisions to precipitation recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.

110-120mm

130-140mm

120-130mm

Seoul Precipitation

Precipitation in Seoul in May?

The 2026 Jeonbuk Province gubernatorial election is scheduled to take place on June 3, 2026 to elect the next Governor of Jeonbuk Province.

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.