Kalshi Launches Perpetual Futures Trading for BNB, ADA, WLD, AAVE and Venice Token

Kalshi, the US-based regulated prediction market platform, has expanded its perpetual futures (perps) offerings to include BNB ($BNB), Cardano ($ADA), and Aave ($AAVE). According to the platform, perpetual contracts for AI-focused altcoins such as Worldcoin ($WLD) and Venice Token ($VVV) are also now live for trading.

The new contracts were launched after receiving approval from the US Commodity Futures Trading Commission (CFTC), the federal regulator overseeing derivatives markets in the United States. That approval matters because perpetual futures have historically been offered mainly through offshore, non-US-regulated venues, leaving US traders with limited access to such products under domestic regulatory oversight.

Kalshi originally built its business as a CFTC-regulated exchange for event contracts, allowing users to trade on the outcomes of real-world events such as elections and economic data releases. The platform gained wider public attention during the 2024 US election cycle, when its election prediction markets drew significant trading volume and media coverage. It has since broadened its product lineup into crypto-linked derivatives, adding perpetual-style futures alongside its existing prediction markets.

Perpetual futures are derivative contracts without an expiry date that allow traders to take leveraged long or short positions on an asset's price. BNB is the native token of the BNB Chain ecosystem, Cardano's ADA is one of the largest proof-of-stake cryptocurrencies by market capitalization, and Aave is a decentralized lending protocol. Worldcoin, co-founded by OpenAI co-founder Sam Altman, and Venice Token, tied to the Venice AI platform, are both associated with artificial intelligence projects in the crypto sector.

Kalshi's move into perpetual futures places it in closer competition with dedicated crypto derivatives exchanges, which have historically dominated the market for such products. The listing of CFTC-approved perps covering a broader set of altcoins suggests the scope of regulated crypto derivatives available to US traders is widening, and further asset additions to Kalshi's perps lineup would indicate whether that trend continues.

Source: CryptoNewsNet / CoinGape