The plectic conjecture over local fields

Using a mixed-characteristic incarnation of fusion, we prove an analog of Nekov\'a\v{r}-Scholl's plectic conjecture for local Shimura varieties. We apply this to obtain results on the plectic conjecture for (global) Shimura varieties after restricting to a decomposition group. Along the way, we prove a $p$-adic uniformization theorem for the basic locus of abelian type Shimura varieties at hyperspecial level, which is of independent interest.