Will Russia formally cede any territory before 2025?
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This market resolves Yes if Russia officially states that any territory it regrads as part of the country at the start of 2023 is not part of Russia anymore before January 1, 2025. This question is not about actual control or third-party recognition.
The obvious candidates are the newly annexed regions (Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts) and Crimea.
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@BTE No, this question is not about control but rather formal cessation. Russia has left Kherson, for example, but still considers the city to be a part of Russia.
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