Resolution criteria on PolyGram: The 2026 Chungcheongbuk Province gubernatorial election is scheduled to take place in South Korea on June 3, 2026 to elect the next governor of Chungcheongbuk Province. This market will resolve according to the candidate that wins this election. 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/).
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
| Kim Young-hwan | 7% YES | 93% NO |
| Shin Yong-han | 91% YES | 9% NO |
| Candidate A | — | |
| Candidate E | — | |
| Candidate I | — | |
| Yoon Hee-geun | 1% YES | 99% NO |
| Do Jong-hwan | 1% YES | 99% NO |
| Candidate D | — | |
South Korea will hold its provincial gubernatorial election for Chungcheongbuk Province on 3 June 2026. The current order book on Polymarket prices the YES outcome at 6%, reflecting substantial uncertainty about the specific candidate who will prevail in this race. The settlement window closes at the official election date, with any unresolved outcome defaulting to "Other" if results remain unclear beyond 31 December 2026.
South Korea's provincial elections typically feature competitive multi-candidate contests where regional political dynamics, party affiliation, and incumbent performance shape outcomes significantly. The 2022 gubernatorial elections saw the ruling party secure most provincial seats amid broader political momentum, though individual races often deviate from national trends. Chungcheongbuk's electorate has historically favoured conservative candidates, though this preference is not absolute. The 6% probability on the order book suggests traders are pricing in either a clear frontrunner emerging from candidate announcements or substantial fragmentation across multiple viable contenders.
Key catalysts include formal candidate registration periods, which typically occur several months before the election, and any major policy announcements or scandals affecting the incumbent administration or leading contenders. Party primary results and endorsements will clarify the field considerably. Regional economic conditions—particularly employment and infrastructure development in Chungcheongbuk—may influence voter sentiment. Traders should monitor South Korean political news sources for candidate declarations and polling data as the election approaches, as these will substantially narrow the current wide probability distribution.
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 "Chungcheongbuk Province Governor 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.
$36K in lifetime turnover and $52K of resting liquidity puts this market in the around the median by volume for elections contracts on PolyGram. Order-book depth is strong — order books support five-figure trades with single-cent slippage.
Last 24 hours alone saw $604 in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 6 months — the price has had time to stabilise as new information arrived.
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.
Explore more prediction market odds and trading opportunities on PolyGram: