Taiwanese local elections: Kuomintang slips 5 points to 75.5%, DPP rises to 22.7%
Polymarket's Nov. 29 party-winner book, updated Oct. 15 at 00:50 UTC, shows the KMT down 5.0 points and the DPP up 3.2 points on $277.2K total volume and $24.5K in 24…
KMT remains ahead as prices shift
Kuomintang (KMT) remained the favorite in Polymarket’s Taiwanese local-election party-winner market, but its implied probability fell 5.0 percentage points over 24 hours to 75.5%. The Democratic Progressive Party (DPP) gained 3.2 points to 22.7%, according to polymarkettrader.com, whose snapshot was updated on October 15, 2026 at 00:50 UTC.
Trading volume totaled $277.2K, including $24.5K over the previous 24 hours, with liquidity of $167.6K. Outcome-level volume stood at $107.1K for KMT, $96.3K for DPP and $73.8K for the Taiwan People’s Party (TPP).
The source gives inconsistent readings for TPP: its structured data places the party below 0.1%, while its displayed FAQ says 0.1%. The figures represent Polymarket YES-share prices interpreted as probabilities, rather than executable quotes; the page updates twice daily.
Settlement depends on local-government wins
The elections are scheduled for November 28, 2026, while the market lists November 29, 2026 as its end date. According to polymarkettrader.com’s rules summary, settlement depends on which party’s official candidates win the most eligible mayoral and magistrate contests—not on an aggregate vote share. Candidates must be both officially nominated and registered with their party; independent winners do not contribute to any party’s tally.
Only the municipalities, cities and counties specified in the contract count. A party secures victory when no rival can mathematically match or exceed its number of wins. If parties finish tied for the largest tally, the contract selects the party whose English name appears first alphabetically among the market’s listed names.
The rules call for official election results and cite a consensus of credible reporting, with ambiguity resolved using Taiwan’s Central Election Commission results. If some results remain unknown by June 30, 2027 11:59 PM ET, available results determine the winner; if none are known, settlement goes to “Other.” Polymarket’s own published rules govern the contract.
What it means for prediction markets
- A weaker favorite, not a reversal: KMT’s 75.5% price still leaves it ahead of DPP at 22.7%, despite their opposing 24-hour moves.
- The contest count matters: Party affiliation, independent winners and the alphabetical tiebreak can affect settlement independently of overall vote share.
- The listed end date is not the full timeline: November 29, 2026 should be read alongside the result-certification and fallback provisions.
- Snapshot limits matter: Twice-daily updates are not live trading quotes, and the source’s conflicting TPP figures warrant caution about that outcome’s precise probability.
- Polymarkettrader (polymarkettrader.com)https://polymarkettrader.com/odds/2026-taiwanese-local-elections-party-winner/