US EditionKalshi, Polymarket Announce Plans To Launch Crypto Perpetual Futures: Report - Coinbase Global (NASDAQ:CO
The two prediction markets are moving into onshore derivatives as U.S. regulators prepare to allow perpetuals and competition with crypto exchanges intensifies.
- On Tuesday, Kalshi and Polymarket revealed plans to launch Perpetual futures, allowing traders to bet on asset prices without fixed expiration dates.
- CFTC Chairman Michael Selig signaled last month that the Commodity Futures Trading Commission plans to allow Perpetual products soon, aiming to pull trading volume back from offshore exchanges.
- Kalshi holds multiple Commodity Futures Trading Commission licenses and recently secured approval to offer margin trading, positioning it to enter the derivatives market.
- This expansion intensifies competition with Coinbase, which currently offers only Perpetual-style contracts; Coinbase shares fell roughly 6% Tuesday after the New York Attorney General sued the exchange.
- Polymarket is separately raising at roughly $15 billion as exchanges seek to capture demand currently flowing to offshore venues, reflecting broader Prediction market momentum.
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Kalshi plans to launch the cryptocurrency-price-linked product in the coming weeks.
Kalshi, Polymarket Announce Plans To Launch Crypto Perpetual Futures: Report - Coinbase Global (NASDAQ:CO
The two largest prediction markets both revealed plans to launch crypto perpetual futures in the U.S. on Tuesday. The Information broke the news first this morning, reporting that Kalshi planned to roll out leveraged crypto products, citing people familiar with the matter.
Kalshi takes on Coinbase (COIN), Robinhood (HOOD) with new plan to offer crypto perpetual futures: The Information
Prediction market platform Kalshi is moving onto Coinbase’s turf by launching crypto perpetual futures, aiming to capture the massive demand for digital asset derivatives within a regulated U.S. framework.
Kalshi and Polymarket Move Into Perpetual Futures, Taking On Offshore Exchanges
Kalshi and Polymarket are simultaneously entering the perpetual futures market — a move that takes both platforms well beyond event contracts and into direct competition with the offshore crypto exchanges that currently dominate this space. Bloomberg reported that Kalshi plans to launch crypto perpetual futures in the coming weeks, citing a person familiar with the matter. Within hours, Polymarket announced its own offering.The near-simultaneous…
Derivatives Expansion: Kalshi, Polymarket Plan Move Into Perps Trading
TL;DR: Main actors: Polymarket and Kalshi seek to expand their business model by integrating leveraged perpetual futures contracts. Available assets: The offering will include cryptocurrencies such as Bitcoin, commodities (gold/silver), and high-profile tech stocks like Nvidia and Coinbase. Market context: The move responds to the success of platforms like Hyperliquid, which recorded a derivatives volume of $148 billion in the last month. The l…
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