Kalshi Prediction Market Launches Perpetuals Market To Target Cardano And Binance Coin
Key Insights:
- Kalshi prediction market adds ADA and BNB perpetual contracts to its US-regulated crypto trading lineup.
- Cardano crypto rises nearly 10% as ADA perpetuals go live on Kalshi.
- BNB price gains more than 5% as Kalshi expands its perpetual futures offerings.
Kalshi prediction market has expanded its US trading lineup with perpetual contracts for Cardano crypto and Binance Coin, bringing ADA and BNB perps to a CFTC-regulated platform as demand for crypto derivatives grows.
Kalshi Prediction Market Adds ADA And BNB Perps
As per the latest update, Kalshi prediction market has launched new perpetual contracts for Cardano (ADA), Binance Coin (BNB), Aave (AAVE), Worldcoin (WLD), and Venice Token (VVV) in the United States. The products are offered under Kalshi’s “American Perpetuals” brand and are designed to give US traders access to crypto perpetual futures through a CFTC-regulated exchange.
The latest launch follows a filing with the US Commodity Futures Trading Commission last week. Unlike standard futures, these perpetual contracts do not have an expiration date and settle in US dollars. Leverage differs across the listed assets, with BNB carrying a maximum leverage of 4.5x, while Venice Token has a 1.9x limit.<
