Arguably the best ever launch of a derivative...speaks to what cost effectiveness (perps over traditional derivatives), good regulation (CFTC regulated over offshore) and a combination of retail and institutional demand can do.
Kalshi crossing $1B in perpetual futures trading volume in just one week since launching in the U.S.
@kalshi CEO @mansourtarek_ makes the case for perpetuals and measures requiring users to disclose where they work.
https://t.co/FNJ6LsUrDn
Danny Moses of The Big Short:
"It's only a matter of time before hedge funds start utilizing event contracts to express macroeconomic views or hedge current exposures."
US Regulated Crypto Perpetuals are live on Kalshi (BTC, ETH, SOL, XRP and many more on the way). The First American Perpetual Futures. And only on Kalshi.
Also read why they matter to significantly improve risk management and reduce costs for the users.
KALSHI JUST BECAME THE FIRST AMERICAN COMPANY TO OFFER BITCOIN PERPETUAL FUTURES
OFFSHORE PERPS GREW FROM $28T IN 2023 TO $90T IN 2025 AMERICAN TRADERS WERE LOCKED OUT THE ENTIRE TIME
CFTC APPROVED IT THIS WEEK
I am pleased to welcome our new Chief Economist, Dr. Patrick J. Schorno, to the @CFTC. His expertise in financial regulation and experience in the financial services industry make him an excellent fit for the agency to ensure high-quality, clear, and transparent economic analysis in support of the CFTC’s mission.
The American Power Index (KPOW) by @Kalshi is now live on WSL ELECTION on @TheTerminal — a real-time composite tracking the U.S. balance of power using prediction market data. Here is a chart:
Perpetual futures are finally coming to America.
Trade on future asset prices with leverage in a regulated, institutional-grade environment.
Only on Kalshi.
We know firsthand how much work goes into building a platform that prevents minors from signing up.
But Kalshi can't do this alone.
Everyone else needs to pitch in too and regulation must be clear and consistently applied to everyone.
I usually don't comment too much on media reporting on prediction markets. But the lies being spread are getting out of control.
It's always healthy to debate new products and safety concerns, but smear campaigns against Kalshi and prediction markets are off the rails. We support nationwide regulations for ads and marketing of prediction markets; meanwhile, the American Gaming Association called proposed nationwide ad restrictions a "slap in the face" and opposed them.
I am not surprised casinos are spreading lies against prediction markets. They’ve spent decades and hundreds of millions of dollars fighting back against federal standards for advertising and consumer protection, and more recently fighting back against market integrity in sports.
Kalshi has done more to ban minors on its platform than most gambling platforms. Here are some of our measures:
KYC with SSN and selfie verification at signup
Face ID on by default
2FA when signing in
Parent ID check portal
How many of these measures do casinos or OSBs implement? Ask any state representative how conversations about Face IDs have gone with the gambling companies: a bill gets put forward, gambling companies spend millions to squash it, and nothing ever changes. If the casinos want to protect consumers, they would look to embrace much-needed nationwide, uniform regulation.
There are constructive debates to be had about marketing, but pretending that casinos and the gambling industry are a model for platform safety or proper regulation is not serious. Currently, only 2 out of 40 states that allow OSBs also require them to gate minors from their social media advertising. Why? OSBs have been lobbying against these kinds of requirements for a decade. BetMGM sent 3000 marketing emails directly to minors in February of this year.
Kalshi is not perfect. But we are working to address these kinds of challenges and set a new standard for our industry. Instead of smears, let's pass nationwide legislation to ban minor marketing and make safer platforms: face IDs, selfie verification, parent portals, etc. We support updated uniform laws and regulations that will increase platform safety. If we all care about customers, then let’s work together to get nationwide safety bills like this passed.
Kalshi x Interactive Brokers
One of the largest brokers in the world.
Casual, sophisticated, and institutional investors can now trade the future.
All in one place.