Kalshi's crypto perpetual contracts saw a nominal trading volume exceeding 1 billion dollars in the first week

Kalshi announced that its newly launched crypto perpetual contract product has surpassed a notional trading volume of $1 billion within 7 days of its launch, with over $100 million traded in the first 24 hours after the product went live.

Previously, Kalshi received formal approval from the 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 the spot price of Bitcoin (BTCPERP), and officially launched trading on June 3, becoming the first entity in U.S. history to offer such products on a domestically compliant exchange.