Kalshi crypto perps top $1B in volume one week after launch

U.S. prediction market platform Kalshi has surpassed $1 billion in notional trading volume for its crypto perpetual futures just one week after launch, Crypto Briefing reported. The product recorded over $100 million in volume within its first 24 hours, making it the fastest-growing product in Kalshi's history, according to the report. The launch follows the U.S. Commodity Futures Trading Commission's (CFTC) approval last month for Kalshi to offer Bitcoin perpetual futures. The platform officially launched the product on June 3.