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Elections·South Korea

Jeonnam–Gwangju Mayoral Election Winner

icon for Jeonnam–Gwangju Mayoral Election Winner
Elections·South Korea

Jeonnam–Gwangju Mayoral Election Winner

NEW
Polymarket
NEW
icon for Min Hyung-bae

Min Hyung-bae

$4,151 Vol.

98%

icon for Lee Jung-hyun

Lee Jung-hyun

$2,225 Vol.

2%

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's near-certain trader consensus stems from the Democratic Party of Korea's longstanding dominance in the Honam region, encompassing Jeollanam-do and Gwangju, where it routinely secures overwhelming majorities in local and national contests. Selected as the party's candidate on April 14, 2026, following a competitive primary runoff, Min has ramped up campaigning with recent election committee formations on May 8 and 10 ahead of the June 3 inaugural Jeonnam-Gwangju Unified Special City mayoral vote. People Power Party nominee Lee Jung-hyun, confirmed April 22, aims for a 30% vote share to challenge the one-party structure but faces steep historical barriers. Late-breaking scandals, legal issues, or anomalous turnout surges could theoretically disrupt this positioning, though such shifts remain improbable given entrenched voter preferences.

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/).
Volume
$6,375
End Date
Jun 3, 2026
Market Opened
Apr 23, 2026, 6:08 PM ET

Resolver

0x69c47De9D...
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/).
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's near-certain trader consensus stems from the Democratic Party of Korea's longstanding dominance in the Honam region, encompassing Jeollanam-do and Gwangju, where it routinely secures overwhelming majorities in local and national contests. Selected as the party's candidate on April 14, 2026, following a competitive primary runoff, Min has ramped up campaigning with recent election committee formations on May 8 and 10 ahead of the June 3 inaugural Jeonnam-Gwangju Unified Special City mayoral vote. People Power Party nominee Lee Jung-hyun, confirmed April 22, aims for a 30% vote share to challenge the one-party structure but faces steep historical barriers. Late-breaking scandals, legal issues, or anomalous turnout surges could theoretically disrupt this positioning, though such shifts remain improbable given entrenched voter preferences.

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/).
Volume
$6,375
End Date
Jun 3, 2026
Market Opened
Apr 23, 2026, 6:08 PM ET

Resolver

0x69c47De9D...
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/).

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Frequently Asked Questions

"Jeonnam–Gwangju Mayoral Election Winner" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Min Hyung-bae" at 98%, followed by "Lee Jung-hyun" at 2%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 98¢ implies that the market collectively assigns a 98% 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.

"Jeonnam–Gwangju Mayoral Election Winner" is a newly created market on Polymarket, launched on Apr 23, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Jeonnam–Gwangju Mayoral Election Winner," browse the 2 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 "Jeonnam–Gwangju Mayoral Election Winner" is "Min Hyung-bae" at 98%, meaning the market assigns a 98% chance to that outcome. The next closest outcome is "Lee Jung-hyun" at 2%. 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 "Jeonnam–Gwangju 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.