Compliance Milestone: Kalshi surpasses 1 billion in 7 days, marking the first launch of a US-based perpetual crypto contract

CoinWorld News, Prediction Market Platform Kalshi announced that its newly launched cryptocurrency perpetual contract product has surpassed $1 billion in nominal trading volume within 7 days of going live, with trading volume exceeding $100 million within the first 24 hours after launch. 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 digital asset contract projects, including perpetual contracts referencing Bitcoin spot prices. The platform officially went live on June 3rd, becoming the first entity in U.S. history to offer such products on a domestically compliant exchange.