GeopoliticsMulti-outcomeExpires Jun 3, 2026
Creator

Will the People Power Party win 3 seats in South Korea’s June 3, 2026 parliamentary by-elections?

Probability

45¢

1h

-3.0pp

24h

-1.0pp

24h Vol

$127.67

Liquidity

$4.6K

Research loop

Inspect the market

Read the move, holders, recent trades, source, and resolution risk before saving anything.

Canonical status

confidence: high

Source status (Polymarket)

active

Derived status (Orrery)

LIVE

Reason

Active market, expiry beyond the near-expiry window.

Resolution & Risk

LOW risk
End date
Jun 3, 2026
UMA status
n/a
Resolution source
Primary
consensus of credible reporting
Type
News consensus
Confidence
extracted · medium
Market type
Multi-outcome (neg-risk)
  • Part of a multi-outcome event (neg-risk): only one market can resolve YES.
  • Wide spread (22.0¢) — liquidity risk on entry/exit.
Read full market rules on Polymarket

Probability (last 7 days)

-12.0pp 7d
1007550250
46¢
May 11, 2026, 07:00 UTCMay 18, 2026, 06:02 UTC
updated 06:03:13 UTC·src:Polymarket CLOB·snap:snap_2026-05-18T06-03Z

Why did it move?

Structured · 3 factors
  • 01
    Price move

    Down 1pp over 24h

    Now 45¢; -3.0pp in the last hour.

  • 02
    Active signal

    Resolution-risk observation firing

    Spread is wide enough that intraday moves overstate any tradeable edge.

  • 03
    Spread cost

    Wide spread — 22.0¢

    Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.

What to track next

  • Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.

Verification actions only — never trade recommendations.

Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.

Timeline

critical · price · trade flow

Critical

  • Jun 3, 00:00 UTCScheduled resolution

    Market resolves in 377.9h

    LOW
  • 06:03Signal

    Resolution risk

    Spread is wide enough that intraday moves overstate any tradeable edge.

    LOW

Price movement

-1.0pp over the last 24h, now 45¢.

Biggest hourly move: -11.5pp at May 16, 20:00 UTC (to 48¢).

Show top 8 of 38 hourly moves
  • 15:00 · -7.5pp → 46¢
  • 14:00 · -7.5pp → 46¢
  • May 17, 02:00 UTC · -9.0pp → 44¢
  • May 16, 23:00 UTC · -9.0pp → 49¢
  • May 16, 21:00 UTC · -10.5pp → 48¢
  • May 16, 20:00 UTC · -11.5pp → 48¢
  • May 16, 19:00 UTC · -9.0pp → 48¢
  • May 14, 00:00 UTC · +8.0pp → 61¢
updated 06:03:13 UTC·src:Polymarket CLOB·Polymarket Data

Active signals

Recent Trades

No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.

updated 06:03:13 UTC·src:Polymarket Data

Market Description

At least four South Korean parliamentary seats will be contested in by-elections on June 3, 2026, held alongside the nationwide local elections taking place on the same day. Re-elections are equivalent to by-elections for the purposes of this market. This market will resolve according to the number of National Assembly seats won by the People Power Party (PP) in parliamentary by-elections scheduled for June 3, 2026. Any seat won by the People Power Party in these elections will count, regardless of the party that controlled the relevant seat prior to these elections. Seats uncontested during the June 3 election will not have any impact on the resolution of this market. If the results of these elections are not known by December 31, 2026, 11:59 PM ET, this market will resolve to the lowest range bracket. This market’s resolution will be based solely on the number of seats won by the specified party in these elections, not any coalition or alliance of which it may be a part. 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 (http://nec.go.kr/site/nec/main.do). Note: this market includes any National Assembly seats contested in by-elections scheduled for June 3, 2026, not just elections which are scheduled as of this market’s creation.

Why this category?

confidence: medium

Category

Geopolitics

Source

Keyword rule

Matched term

south korea

Reason

Question text contains "south korea" — matched the Geopolitics keyword rule.

Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.

FAQ — questions readers actually ask

What is the current Polymarket probability for "Will the People Power Party win 3 seats in South Korea’s June 3, 2026 parliamentary by-elections?"?

As of Mon, 18 May 2026 06:03:13 GMT, YES is priced at 45% implied probability on Polymarket. The price changed -1.0pp in the last 24 hours, -3.0pp in the last hour, and -12.0pp in the last 7 days.

When does this market resolve?

This market resolves by Jun 3, 2026 (2026-06-03T00:00:00.000Z). Resolution is determined from the market description on Polymarket.

What source determines the outcome?

Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.

How much is being traded on this market?

$127.67 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $5.7K. Open liquidity in the YES/NO orderbooks: $4.6K. Spread between best bid and best ask: 22.0¢.

Is this a trade recommendation?

No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.

How fresh is this data and where does it come from?

This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.

Alerts

¢
Deliver

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