Kalshi Expands Perpetual Contracts Amid Regulatory Scrutiny

Kalshi's platform has seen significant growth in recent months, with US visits surging 1,520% to 15.4 million in July 2026 and trading volume hitting $40 billion monthly.

Despite ongoing legal challenges over the classification of its sports contracts under federal or state law, Kalshi has expanded its offerings by launching leveraged crypto perpetual contracts on BTC, ETH, BNB, and 14 other assets with up to 6x leverage.

This move complicates the platform's regulatory situation as it faces scrutiny from both the Supreme Court and the Commodity Futures Trading Commission (CFTC).