Kalshi Brings Regulated Perps to US for Dogecoin Investors
Dogecoin has taken another significant step in strengthening its position in the US market. Trading in fully regulated perpetual DOGE futures, or contracts that never expire, is now available to retail investors through Kalshi.
This development marks a shift for local traders who previously had to choose between fixed-term futures on platforms like Coinbase and Robinhood or move to offshore exchanges.
Kalshi has introduced a fractional format for these contracts, with one contract equaling just 10 DOGE. Leverage is kept within strict regulatory limits, with a maximum of 3.8x for long positions and 2.8x for short positions.
The quotes are tied to CF Benchmarks' DOGEUSD_RTI spot index, and settlements run around the clock. The funding rate is recalculated every eight hours.