Kalshi seeks broader perpetuals push after $5.5 billion in prelaunch volume

The prediction market operator is discussing additional contracts with regulators after launching 11 crypto-token perpetuals, while World Cup and NBA Finals activity lifted daily volume above $1 billion for three straight days.

Summary

Kalshi is looking to expand its newly launched perpetual contracts business beyond digital assets after recording more than $5.5 billion in trading volume in the two weeks before launch, Bloomberg reported. Co-founder Tarek Mansour said the company is in talks with regulators about adding more contracts. Kalshi currently offers 11 crypto-token perpetuals, a derivatives product that does not expire, and demand across event markets remained strong as World Cup and NBA Finals trading pushed daily volume above $1 billion for three consecutive days.

Terms & Concepts
  • perpetual contracts: Derivatives that have no expiry date.
  • crypto-token perpetuals: Perpetual contracts tied to crypto token prices.