About
Transforming predictions into profits with real-world outcome contracts in a liquid marketplace
Kalshi is a CFTC-regulated U.S. exchange offering event contracts—binary yes/no markets—that let retail and institutional traders buy and sell positions on measurable real-world outcomes (economic data, politics, weather, sports). Founded in 2018 by MIT alumni, Kalshi provides a compliant, liquid venue to hedge risk, monetize insights, and speculate on future events.
Use Cases
Hedging Economic Risks
Economic analysts and investors use Kalshi to hedge risks by trading contractstied to economic data releases and political events.
Speculating on Political Outcomes
Retail traders speculate on political events like elections and legislativedecisions, leveraging binary yes/no markets to profit from predictions.
Monetizing Insider Insights
Institutional traders monetize unique insights or information by buying orselling event contracts before public knowledge drives market changes.
Sports and Entertainment Event Trading
Fans and traders speculate on outcomes in sports and entertainment events, suchas partnerships with leagues or artist tour markets, using Kalshi's eventcontracts.
Key Features
On-chain Integration & Data for Web3
- Distributes regulated event-market probability data to blockchains via oraclepartnerships (Pyth, Switchboard, Stork).
- Launched KalshiEco hub in partnership with Solana and Base to fund/supportWeb3 developers and apps.
- Publishes developer APIs and market settlement docs enabling programmaticaccess to market outcomes and feeds.
- Strategy to enable DeFi products using Kalshi probabilities — positioning asregulated data infrastructure.
- Hired crypto leadership and pursuing on-chain expansion to make markets/dataavailable to dApps.
Stablecoin & Crypto Payments, Custody & Compliance
- Accepts USDC for event-market deposits/payouts and uses Coinbase Custody tosecure USDC holdings.
- Allows crypto deposits via partners (ZeroHash) that convert crypto to fiatimmediately, lowering rails friction.
- Operates as a CFTC-regulated exchange offering centralized, compliance-firstprediction markets.
- Offers cryptocurrency price markets (e.g., BTC) as tradeable event contracts on its platform.
- Partners with custodians and regulated entities to safeguard stablecoins andbridge on-chain stable value to fiat-settled contracts.
(Co-founder & CEO)
Tarek Mansour
(Co-founder)
Luana Lopes Lara
Headquarters
🇺🇸 New York, New York
Website
kalshi.com
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regulated event contracts
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blockchain oracle partnerships