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Politics·South Korea

2026 Busan Mayoral Election Winner

icon for 2026 Busan Mayoral Election Winner
Politics·South Korea

2026 Busan Mayoral Election Winner

Chun Jae-soo 65%

Park Heong-joon 34%

Cho Kyoung-tae <1%

Park Seong-hoon <1%

Polymarket

$738,798 Vol.

Chun Jae-soo 65%

Park Heong-joon 34%

Cho Kyoung-tae <1%

Park Seong-hoon <1%

Polymarket

$738,798 Vol.

icon for Chun Jae-soo

Chun Jae-soo

$68,784 Vol.

65%

icon for Park Heong-joon

Park Heong-joon

$48,315 Vol.

34%

icon for Cho Kyoung-tae

Cho Kyoung-tae

$29,280 Vol.

<1%

icon for Park Seong-hoon

Park Seong-hoon

$27,268 Vol.

<1%

icon for Hong Soon-heon

Hong Soon-heon

$26,102 Vol.

<1%

icon for Cho Kuk

Cho Kuk

$171,200 Vol.

<1%

icon for Choi In-ho

Choi In-ho

$60,394 Vol.

<1%

icon for Lee Jae-sung

Lee Jae-sung

$27,628 Vol.

<1%

icon for Kim Do-eup

Kim Do-eup

$37,542 Vol.

<1%

icon for Suh Byung-soo

Suh Byung-soo

$161,657 Vol.

<1%

icon for Park Jae-ho

Park Jae-ho

$48,115 Vol.

<1%

icon for Kim Young-choon

Kim Young-choon

$32,514 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.Chun Jae-soo, the Democratic Party of Korea candidate, holds a 65% implied probability to win the June 3 Busan mayoral election, ahead of incumbent People Power Party Mayor Park Heong-joon at 34%. Candidate registration opened in mid-May, followed by multiple TV debates that highlighted contrasts over maritime capital development, HMM headquarters relocation to Busan, youth asset policies, and stalled projects. Recent polls show a competitive race with Chun maintaining a modest lead that varies by survey method, while Park stresses continuity and "uninterrupted progress" for a third term. Traders appear to price in Democratic momentum and Chun's targeted pledges as key advantages in this Yeongnam contest, though the narrow polling margins leave room for shifts before election day.

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
$738,798
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.Chun Jae-soo, the Democratic Party of Korea candidate, holds a 65% implied probability to win the June 3 Busan mayoral election, ahead of incumbent People Power Party Mayor Park Heong-joon at 34%. Candidate registration opened in mid-May, followed by multiple TV debates that highlighted contrasts over maritime capital development, HMM headquarters relocation to Busan, youth asset policies, and stalled projects. Recent polls show a competitive race with Chun maintaining a modest lead that varies by survey method, while Park stresses continuity and "uninterrupted progress" for a third term. Traders appear to price in Democratic momentum and Chun's targeted pledges as key advantages in this Yeongnam contest, though the narrow polling margins leave room for shifts before election day.

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
$738,798
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 65%, followed by "Park Heong-joon" at 34%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 65¢ implies that the market collectively assigns a 65% 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 $738.8K 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 65%, meaning the market assigns a 65% chance to that outcome. The next closest outcome is "Park Heong-joon" at 34%. 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.