Kalshi ‘Perps’ Surpass $1 Billion In Trading Volume A Week After Launch

▤ Summary

Kalshi’s new perpetual futures product reached $1 billion in trading volume just one week after launch. The platform opened U.S. access to crypto perps after receiving CFTC approval in late May. Demand surged quickly, with more than $100 million traded in the first 24 hours and a waitlist that at one point exceeded one million users. The article also notes that Kalshi remains the only U.S. platform offering perp trading so far, while Coinbase has regulatory approval but has not launched the service yet.

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