Kalshi’s Prediction Market Took 40 Months to Hit $1 Billion, Crypto Perps Did It in Days

BeInCrypto Editorial

(04:52 AM UTC)

1 min read

Kalshi CEO Tarek Mansour told CNBC that the company’s perpetual futures crossed $1 billion in trading volume less than a week after launch. The Bitcoin perpetual (BTCPERP) went live on June 3, and the first 24 hours alone generated more than $100 million in volume.

For context, Kalshi’s event contracts, the company’s original prediction market business, took 40 months to reach the same…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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