Kalshi Prediction Market Plans Crypto Perpetual Futures Launch On April 27

Kalshi plans to launch crypto perpetual futures on April 27, 2026, marking the prediction-market platform’s entry into crypto derivatives. Branded “Timeless,” the contracts will run indefinitely with funding rates to track spot prices, potentially converting event-driven prediction-market flow into continuous liquidity. The move — backed by Kalshi’s $11 billion valuation and CFTC oversight — could attract institutional traders seeking US-regulated perpetuals, a market segment already validated by Cboe’s Bitcoin and Ether perpetuals. Prediction-market activity reached a record 192 million transactions in March 2026, suggesting ample user engagement. The launch may shift liquidity dynamics in crypto derivatives by aggregating capital on a regulated platform, with full product details to be disclosed on April 27.