Chun Jae-soo secured the Democratic Party nomination and won the June 3, 2026, Busan mayoral election with 50.5 percent of the vote against incumbent Park Heong-joon of the People Power Party. The outcome reflected the ruling party's nationwide gains in simultaneous local races and voter support for the Lee Jae Myung administration in a traditionally conservative stronghold. Official tallies confirmed the result shortly after polls closed, aligning trader consensus at full pricing for Chun. Any reversal would require a successful legal challenge, recount, or eligibility ruling before final certification, though no such proceedings have been reported.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated2026 Busan Mayoral Election Winner
2026 Busan Mayoral Election Winner
Chun Jae-soo 100.0%
Park Heong-joon <1%
Cho Kyoung-tae <1%
Park Seong-hoon <1%
$1,697,704 Vol.
$1,697,704 Vol.
Jun 3, 2026
Park Heong-joon
No
Cho Kyoung-tae
No
Park Seong-hoon
No
Choi In-ho
No
Lee Jae-sung
No
Hong Soon-heon
No
Kim Do-eup
No
Suh Byung-soo
No
Park Jae-ho
No
Chun Jae-soo
Yes
Kim Young-choon
No
Cho Kuk
No
Chun Jae-soo 100.0%
Park Heong-joon <1%
Cho Kyoung-tae <1%
Park Seong-hoon <1%
$1,697,704 Vol.
$1,697,704 Vol.
Jun 3, 2026
Park Heong-joon
$357,233 Vol.
No
Cho Kyoung-tae
$46,693 Vol.
No
Park Seong-hoon
$62,114 Vol.
No
Choi In-ho
$121,266 Vol.
No
Lee Jae-sung
$52,837 Vol.
No
Hong Soon-heon
$40,524 Vol.
No
Kim Do-eup
$65,989 Vol.
No
Suh Byung-soo
$186,600 Vol.
No
Park Jae-ho
$86,865 Vol.
No
Chun Jae-soo
$418,366 Vol.
Yes
Kim Young-choon
$56,030 Vol.
No
Cho Kuk
$203,189 Vol.
No
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 secured the Democratic Party nomination and won the June 3, 2026, Busan mayoral election with 50.5 percent of the vote against incumbent Park Heong-joon of the People Power Party. The outcome reflected the ruling party's nationwide gains in simultaneous local races and voter support for the Lee Jae Myung administration in a traditionally conservative stronghold. Official tallies confirmed the result shortly after polls closed, aligning trader consensus at full pricing for Chun. Any reversal would require a successful legal challenge, recount, or eligibility ruling before final certification, though no such proceedings have been reported.
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.
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.
Market Opened: Nov 12, 2025, 7:03 PM ET
Volume
$1,697,704End Date
Jun 3, 2026Market Opened
Nov 12, 2025, 7:03 PM ETResolver
0x2F5e3684c...Outcome proposed: No
No dispute
Final outcome: No
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 secured the Democratic Party nomination and won the June 3, 2026, Busan mayoral election with 50.5 percent of the vote against incumbent Park Heong-joon of the People Power Party. The outcome reflected the ruling party's nationwide gains in simultaneous local races and voter support for the Lee Jae Myung administration in a traditionally conservative stronghold. Official tallies confirmed the result shortly after polls closed, aligning trader consensus at full pricing for Chun. Any reversal would require a successful legal challenge, recount, or eligibility ruling before final certification, though no such proceedings have been reported.
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.
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
$1,697,704End Date
Jun 3, 2026Market Opened
Nov 12, 2025, 7:03 PM ETResolver
0x2F5e3684c...Outcome proposed: No
No dispute
Final outcome: No
Chun Jae-soo secured the Democratic Party nomination and won the June 3, 2026, Busan mayoral election with 50.5 percent of the vote against incumbent Park Heong-joon of the People Power Party. The outcome reflected the ruling party's nationwide gains in simultaneous local races and voter support for the Lee Jae Myung administration in a traditionally conservative stronghold. Official tallies confirmed the result shortly after polls closed, aligning trader consensus at full pricing for Chun. Any reversal would require a successful legal challenge, recount, or eligibility ruling before final certification, though no such proceedings have been reported.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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