Compliance perpetual contracts are running at this speed in the U.S. mainland—Kalshi’s play is aggressive enough: $1 billion in 7 days—so it’s clearly and completely cashing in on the regulatory upside.

Prediction market platform Kalshi announced that within 7 days of launching its new cryptocurrency perpetual contract product, the notional trading volume has exceeded $1 billion, with trading volume surpassing $100 million within the first 24 hours after the product went live. Previously, Kalshi received formal approval from the U.S. Commodity Futures Trading Commission (CFTC) at the end of May this year, allowing it to list 13 crypto asset contract projects, including a perpetual contract referencing the Bitcoin spot price (BTCPERP), and officially launched trading on June 3rd, becoming the first entity in U.S. history to offer such products on a domestically compliant exchange. (Cryptobriefing).