Resolution criteria on PolyGram: 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.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Park Wan-soo | 94% YES | 6% NO |
| Kim Kyung-soo | 5% YES | 95% NO |
| Other | — | |
| Candidate A | — | |
| Candidate B | — | |
| Candidate C | — | |
| Candidate D | — | |
| Candidate E | — | |
South Korea will hold a provincial gubernatorial election in Gyeongsangnam Province on 3 June 2026. The election determines the next governor of this southeastern region, which encompasses major cities including Busan's hinterland and industrial centres. The current 20% implied probability on Polymarket's order book reflects substantial uncertainty about the eventual winner, with the market pricing in a competitive field where no single candidate commands clear consensus backing at this stage.
Gyeongsangnam Province has historically been a conservative stronghold, though recent elections have shown volatility as regional politics shift. The 2022 presidential election saw the region split between candidates, whilst the 2022 local elections demonstrated that incumbent party affiliation provides no guarantee of victory. Comparable provincial races in South Korea typically tighten significantly in the six months preceding election day, as candidate announcements crystallise voter preferences and polling becomes more reliable. The current 20% probability suggests the market is pricing in either a fragmented field or genuine uncertainty about which major-party candidate will ultimately secure nomination and voter support.
Key catalysts include formal candidate announcements from the ruling Democratic Party and opposition People Power Party, expected in the coming months, alongside any shifts in national political dynamics that could influence provincial outcomes. Polling data released closer to June 2026 will provide material information for market repricing. The resolution window extends to 31 January 2027, allowing time for official results confirmation by South Korean electoral authorities, though the actual election outcome should be known within days of the 3 June vote.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "2026 Gyeongsangnam Province Gubernatorial Election Winner" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$1.2M in lifetime turnover and $104K of resting liquidity puts this market in the top 2% by volume for elections contracts on PolyGram. Order-book depth is exceptional — among the deepest order books in the category.
Last 24 hours alone saw $975K in turnover, well above the lifetime daily-average for this market — a clear sign of news catalysing trader activity right now.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 3 June 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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