Will the Democratic Party win 12 upper-level local government races?

Prediction market on polymarket. 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.

Liquidity: $2,433.592. Resolves: 6/3/2026.