Kalshi plans crypto perp launch as it chases Binance and Hyperliquid
Crypto Briefing
Prediction market platform Kalshi is reportedly planning to launch crypto perpetual futures to compete with major exchanges like Binance and Hyperliquid.Summary
Kalshi, a prediction market platform, is expanding its product lineup by preparing to launch crypto perpetual futures. This move marks a strategic shift into the high-liquidity derivatives market, directly challenging industry leaders like Binance in the centralized space and Hyperliquid in the decentralized sector. This development follows a period of significant growth for Kalshi, which recently reported a 20-fold increase in monthly trading volume to $10 billion and a substantial rise in company valuation to $22 billion.
(Source：Crypto Briefing)