What Is Kalshi? Project, Token, Airdrop, Roadmap Explained

▤ Summary

Kalshi is a regulated prediction market that lets users trade on real-world event outcomes through yes-or-no contracts. The article explains how the platform works, why it positions itself as a compliant alternative to gambling, and how it earns revenue from transaction fees. It also highlights Kalshi's funding history, including major rounds in 2021, 2025, and 2025, and notes its growing valuation. The roadmap section points to deeper brokerage and crypto-app integrations, global expansion, and the launch of Kalshi Klear, its own CFTC-approved clearinghouse.

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