Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut

Kalshi , the CFTC-regulated prediction market, rolled out perpetual futures tied to individual U.S. stocks on Nov. 5 and said it is the first company in the country to offer them. Traders can take positions on more than 50 stocks that trade on the NYSE and Nasdaq, Kalshi said, among them Palantir, Meta, SpaceX and McDonald’s. The stock contracts extend a perps business Kalshi started with crypto. The CFTC approved its bitcoin perpetual contract in May, and the company said it added gold and silver perps in September. Trading volume topped $300 million within hours of what Luana Lopes Lara called a “stealth launch” that morning, the Kalshi co-founder and COO wrote on X .

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Unchained.