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Alpha Project Radar: Kalshi Kalshi (@Kalshi), the leading CFTC-regulated prediction market platform enabling users to trade event contracts on real-world outcomes (elections, economics, sports, weather, etc.) with growing crypto integration and on-chain tokenization efforts. 1/ What Is Kalshi? Kalshi is a federally regulated financial exchange (Designated Contract Market by CFTC - Commodity Futures Trading Commission) that allows trading on yes/no event contracts for future real-world events. Users buy/sell contracts priced between 1¢ and 99¢, where the price reflects market-implied probability. It supports fiat (USD) and cryptocurrency deposits. Founded in 2018 by Tarek Mansour and Luana Lopes Lara, it launched publicly in 2021 as the first fully regulated U.S. prediction market.

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