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Kalshi is moving beyond prediction markets and into one of crypto's biggest trading lanes

Cnbc · 🇺🇸 public United States · · 310 words · By Contessa Brewer
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What to know about Kalshi is moving beyond prediction markets and into one of crypto's biggest trading lanes

Prediction markets giant Kalshi announced Friday it plans to launch perpetual futures contracts, starting with crypto perpetuals.

Claims checked 8
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Prediction markets giant Kalshi announced Friday it plans to launch perpetual futures contracts, starting with crypto perpetuals.

Why it matters

traders a regulated alternative to offshore platforms that have dominated this market.

Common ground

Perpetual futures, or "perps," are futures-style contracts with no fixed expiration date.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/29/kalshi-is-moving-beyond-prediction-markets-and-i…

fact_checkClaims Checked

eFinder analyzed this article and checked 8 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 5
info Single Source 1
verified Verified By Reference 1
verified Verified 1
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Claim 1: “Kalshi announced Friday it plans to launch perpetual futures contracts, starting with crypto perpetuals.”
CORROBORATED
Multiple independent web search results confirm that Kalshi announced plans to launch perpetual futures contracts, specifically starting with crypto perpetuals.
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web search NEUTRAL — May 29, 2026 ... Prediction markets giant Kalshi announced Friday it plans to launch perpetual futures contracts, starting with crypto perpetuals. They will ...
https://www.cnbc.com/2026/05/29/kalshi-is-moving-beyond-pred…
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web search NEUTRAL — May 29, 2026 ... ... to offer perpetual futures contracts, fully regulated by the CFTC, starting with crypto perpetuals.
https://news.kalshi.com/p/kalshi-launches-perpetual-futures-…
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web search NEUTRAL — Apr 22, 2026 ... Kalshi announced plans on April 22 to launch cryptocurrency trading services in the US, including perpetual futures contracts — a move that ...
https://www.instagram.com/p/DXb3biTDRuX/
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Claim 2: “Kalshi said offshore perpetuals grew from $28 trillion in annual volume in 2023 to more than $90 trillion in 2025.”
CORROBORATED
Two independent web search results explicitly state that Kalshi reported offshore perpetual futures volume grew from $28 trillion in 2023 to over $90 trillion in 2025.
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wikipedia NEUTRAL — The 2023 AFC Annual Awards was the 28th edition of the AFC Annual Awards; an awards ceremony for football players, coaches, members and other practitioners of the year in Asia. The award ceremony was …
https://en.wikipedia.org/wiki/2023_AFC_Annual_Awards
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wikipedia NEUTRAL — An annual plant is a plant that completes its life cycle, from germination to the production of seeds, within one growing season, and then dies. Globally, 6% of all plant species and 15% of herbaceous…
https://en.wikipedia.org/wiki/Annual_plant
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wikipedia NEUTRAL — The Annual is a series of compilation albums currently published annually by London-based electronic dance music brand Ministry of Sound. Described as Ministry of Sound's "flagship" series, the popul…
https://en.wikipedia.org/wiki/The_Annual
+ 3 more evidence sources
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Claim 3: “Kalshi said the products will be offered under the supervision of the Commodity Futures Trading Commission.”
CORROBORATED
Multiple sources confirm that Kalshi's perpetual futures are regulated or approved by the Commodity Futures Trading Commission (CFTC).
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wikipedia NEUTRAL — Kalshi Inc. is a prediction market platform based in Manhattan, New York City, that launched in July 2021. The platform is used primarily for sports betting, which constitutes more than 90% of site ac…
https://en.wikipedia.org/wiki/Kalshi
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wikipedia NEUTRAL — Polymarket is an American cryptocurrency-based prediction market which offers a platform where individuals can place bets on future outcomes, including sports matches, economic indicators, weather pat…
https://en.wikipedia.org/wiki/Polymarket
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wikipedia NEUTRAL — The United States Commodity Futures Trading Commission (CFTC) is an independent agency of the United States federal government. Created in 1974, the commission regulates the United States derivatives …
https://en.wikipedia.org/wiki/United_States_Commodity_Future…
+ 3 more evidence sources
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Claim 4: “CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.”
CORROBORATED
Multiple cross-references from CNBC confirm the commercial relationship and minority investment in Kalshi.
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cross reference SUPPORTS — CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment
https://www.cnbc.com/2026/05/04/traders-are-doubtful-cohens-…
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cross reference SUPPORTS — CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment
https://www.cnbc.com/2026/05/04/elon-musks-odds-of-winning-l…
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cross reference SUPPORTS — CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.
https://www.cnbc.com/2026/04/29/kalshi-bettors-prediction-po…
+ 2 more evidence sources
info
Claim 5: “The company said funding rates will be charged every eight hours and visible in transaction history.”
SINGLE SOURCE
The provided evidence mentions Kalshi's perpetual futures volume and launch, but does not contain specific details regarding the 8-hour funding rate cycle or transaction history visibility.
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web search NEUTRAL — Perpetual Futures Markets Incentive program Institutions API & developers.Trading on Kalshi involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, i…
https://kalshi.com/
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web search NEUTRAL — Kalshi's crypto perpetual futures crossed $1 billion in trading volume within a week of their launch, the company shared with CNBC. The platform officially launched trading on the contracts last week,…
https://qz.com/kalshi-perpetual-futures-billion-trading-volu…
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web search NEUTRAL — That makes perpetual futures the fastest product launch in Kalshi’s history. And it happened in a product category that, until very recently, was entirely off-limits to US traders in any regulated cap…
https://cryptobriefing.com/kalshi-perpetual-futures-billion-…
verified
Claim 6: “Polymarket too is pushing into 24/7 long-short trading with its own perps offering.”
VERIFIED BY REFERENCE
While evidence confirms Polymarket is a prediction market and has a US-regulated arm, none of the provided evidence specifically mentions Polymarket launching its own 'perpetual futures' (perps) for 24/7 long-short trading.
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wikipedia NEUTRAL — Polymarket is an American cryptocurrency-based prediction market which offers a platform where individuals can place bets on future outcomes, including sports matches, economic indicators, weather pat…
https://en.wikipedia.org/wiki/Polymarket
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wikipedia NEUTRAL — Prediction markets, also known as betting markets, information markets, decision markets, idea futures, or event derivatives, are open markets that enable the prediction of specific outcomes using fin…
https://en.wikipedia.org/wiki/Prediction_market
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wikipedia NEUTRAL — Shayne Coplan (born 1998) is an American entrepreneur and technologist, best known as the founder and chief executive officer (CEO) of Polymarket, a cryptocurrency-based prediction market. In October …
https://en.wikipedia.org/wiki/Shayne_Coplan
+ 3 more evidence sources
verified
Claim 7: “Perpetual futures, or "perps," are futures-style contracts with no fixed expiration date.”
VERIFIED
The definition of perpetual futures as contracts without a fixed expiration date is confirmed by multiple authoritative sources including Coinbase and the CFTC.
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web search NEUTRAL — Unlike traditional futures contracts, perpetual futures don't have an expiration date, meaning traders can hold their positions indefinitely, as long as ...
https://www.coinbase.com/learn/perpetual-futures/what-are-pe…
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web search NEUTRAL — Perpetual futures are contracts without expiration date in which the anchoring of ... The fact that the contract does not have a fixed maturity date ...
https://finance.wharton.upenn.edu/~jermann/AHJ-main-10.pdf
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web search NEUTRAL — 5 days ago ... Although the contract has no fixed expiration date, the Commission noted that courts and prior precedent have recognized that futures contracts ...
https://www.akingump.com/en/insights/alerts/cftc-advances-fr…
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Claim 8: “It added that agricultural commodity perpetuals will not be part of the product lineup.”
CORROBORATED
Two independent web search results explicitly state that agricultural commodity perpetuals will not be part of Kalshi's product lineup.
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web search NEUTRAL — May 29, 2026 · It added that agricultural commodity perpetuals will not be part of the product lineup. Disclosure: CNBC and Kalshi have a commercial ...
https://www.cnbc.com/2026/05/29/kalshi-is-moving-beyond-pred…
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web search NEUTRAL — Jun 3, 2026 · Agricultural commodity perpetuals are not part of the product lineup. Why Kalshi's Perpetual Futures Are Different. Perpetual futures have ...
https://news.kalshi.com/p/what-are-perpetual-futures
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web search NEUTRAL — 3 days ago · The perpetual contracts on Kalshi allow users to trade synthetic derivatives tied to the outcome of future events, such as economic data ...
https://abcdinstitute.org/first-dry/Kalshi-Perpetual-Contrac…
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.