Kim Jong Un out as Supreme Leader by 2026: Odds & Probability

Markets price a change in Pyongyang’s leadership at 4.0%, making it a long shot. The contract resolves Yes if Kim Jong Un is out for any period before Jan 1, 2027.

4.0%0.0 pts 24h

Updated · Volume $196.8K

2%4%6%7%Aug 22Aug 30Sep 6Sep 14Sep 21

The yes outcome—Kim Jong Un stepping down—is a long shot, with the market overwhelmingly pricing in continuity.

Context

Sep 19, 2026

Probability fell from 5.3% to 3.8% — a 1.6-point move over the past day.

Jul 23, 2026

Probability rose from 3.9% to 6.2% — a 2.3-point move over the past day.

Jul 22, 2026

Probability rose from 2.8% to 6.4% — a 3.7-point move over the past day.

The probability of a leadership change in North Korea has remained in remote territory throughout the contract. The market resolves Yes if Kim Jong Un ceases to be Supreme Leader for any period between the market's creation and Jan 1, 2027. An announcement of resignation or removal before that date triggers immediate Yes resolution, regardless of when the change becomes effective. If he is detained, effectively removed, or permanently prevented from performing his duties, that also qualifies. The resolution source is official information from Kim or the North Korean government, though a consensus of credible reporting can suffice. A meaningful change in the odds would require credible signals that meet the market’s resolution criteria—such as an official announcement of his departure or widespread, credible reports that he has been removed or incapacitated. With the deadline set at Jan 1, 2027, any such development within the window would sharply alter the price.

FAQ

What qualifies as Kim Jong Un being 'out' as Supreme Leader?

Any cessation of his role for any period, including resignation, removal, detention, or permanent incapacitation that prevents him from fulfilling the duties of the position.

How does the market handle an announced resignation that hasn't taken effect yet?

The market resolves Yes immediately upon the announcement, even if the resignation becomes effective on a later date.

Who decides the official outcome?

The primary resolution source is official information from Kim Jong Un or the North Korean government, but a consensus of credible reporting can also be used.

Does a temporary disappearance or handover count?

Only if it involves a formal or effective removal from the position for any period. A brief, unconfirmed absence without a change in leadership would not trigger a Yes resolution.

Data: Polymarket · Methodology · Not financial advice

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