Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut
By Unchained
AI summary of the source article
Kalshi launched perpetual futures tied to individual U.S. stocks on Nov. 5, generating over $300 million in trading volume within hours. The launch makes Kalshi the first U.S. firm to offer single-stock perps following CFTC regulatory clearance.
Why it matters
CFTC Chairman Michael Selig stated that the products provide U.S. traders an onshore option "rather than being forced to turn to offshore, and often unregulated, venues."
Key facts
- Kalshi launched perpetual futures on more than 50 U.S. stocks on Nov. 5, surpassing $300 million in trading volume within hours.
- The rollout followed a Nov. 3 statement from CFTC Chairman Michael Selig permitting single-equity perpetual futures on CFTC-registered exchanges.
- Kalshi charges a trading fee rather than using payment for order flow, offering CFTC-regulated leverage lower than offshore products.
Source excerpt · Unchained
Contracts on Palantir, Meta, SpaceX and dozens more answer to both the CFTC and SEC, two days after Chairman Michael Selig said equity perps could trade onshore. The post Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut appeared first on Unchained .