This market will resolve according to the round in which a candidate for Mayor of New York City first received over 50% of active ballots in the ranked choice voting process of the 2025 Democratic Primary election, based on the final certified vote totals. “Active ballots” are those that are still eligible to be transferred under ranked choice rules in a given round. The market will resolve to the first round where any candidate exceeds 50% of active ballots, regardless of whether additional rounds are conducted afterward for reporting or procedural reasons.

The resolution source will be the official certified election results as published by the New York City Board of Elections.