Kalshi expands perpetual futures market after reaching $5.5 billion in trading volume
Prediction market platform Kalshi plans to expand its lineup of perpetual futures contracts after trading volume in the new products surpassed $5.5 billion in just two weeks. The company ultimately aims to extend such instruments beyond cryptocurrencies and into other asset classes.
Kalshi co-founder Tarek Mansour discussed the plans during a Bloomberg conference. According to him, perpetual futures have become the most successful product launch in the platform's history.
Mansour said the category has delivered record growth in both user acquisition and trading activity.
Kalshi currently offers 11 perpetual contracts, all tied to cryptocurrencies. The company is already in discussions with regulators about listing additional products.
According to Mansour, Kalshi intends to expand the segment as quickly as possible while maintaining compliance with regulatory requirements.
CFTC approval
Perpetual futures are a type of derivative contract that, unlike traditional futures, do not have an expiration date.In May, the U.S. Commodity Futures Trading Commission (CFTC) approved the listing of such products on U.S. trading venues.
Kalshi's contracts became the first regulated perpetual futures approved by the agency. The launch allowed the company to expand beyond its core prediction market business.
However, the rollout has generated mixed reactions within the industry. CME Group CEO Terry Duffy previously argued that perpetual futures pose excessive risks to retail investors and offer limited practical value for institutional participants.
World Cup and NBA Finals boost platform activity
According to Mansour, major sporting events have also contributed to rising activity on the platform.Amid FIFA World Cup matches and the NBA Finals, Kalshi's daily trading volume exceeded $1 billion for three consecutive days for the first time.
Piper Sandler analyst Patrick Moley said combined trading volume on Kalshi and Polymarket reached a record $7 billion, up 13% week-over-week. Kalshi alone currently offers nearly 500 World Cup-related markets.
At the same time, the platform continues to strengthen its compliance framework. Recently, Kalshi announced additional user screening measures before allowing customers to trade, aiming to prevent insider activity.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
