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Markets bet on whether a representative of the Republican party will win the NYC Mayor race in 2025

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Kalshi has reported 81,629 in volume over the last 24 hours on their market for “Will a representative of the Republican party win the NYC Mayor race in 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 3% chance for "Curtis Sliwa", which is neutral from yesterday, when the market implied a 3% probability.

If a representative of the Republican Party wins the NYC Mayoral election on Nov 4, 2025, then the market resolves to Yes.

In total, this market has seen a volume of 2,720,661 transactions since it was first opened on November 09, 2024. There are 1,803,436 positions of open interest in this market, and the overall liquidity is sitting at 309,235,956 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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