Kalshi: Trade the Future

The first legal and regulated prediction market in the US

Kalshi is the only legal and largest prediction market in the U.S. where you can make money by predicting real-world events. It’s like trading stocks - but instead, you’re trading on events you know about. Simply predict whether an event will happen or not, and make money if you’re right.
Join 1M+ users and trade in over 300 markets including finance, politics, weather, culture, and more. Make money 24/7 on the simplest and fastest markets available!
FINANCIALS
Daily S&P500, Nasdaq-100, Forex (EUR/USD, USD/JPY), WTI oil
POLITICS
Debt crisis, Biden approval rating, Court cases, Government shutdown
ECONOMICS
Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates
CLIMATE
Hurricane strength, Daily temperature in many cities, Tornado numbers
CULTURE
Billboard 100, Oscars, Grammys, Emmys, Bud Light sales
COLLECTIBLES AND GAMES
Watch prices, shoes prices, GTA6 Release date
HOW KALSHI WORKS
Kalshi is the first regulated exchange where you can buy and sell contracts on the outcome of events. For example, NASA announced a manned mission to the moon. Contract prices reflect the view of traders as to the chances of the event happening. You think it's going to happen, so you buy contracts for it. Contracts cost between 1¢ to 99¢, and can be sold at any time. At close, each contract is worth $1 if you’re right.
HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). LedgerX LLC is a CFTC regulated clearinghouse that provides clearing services for Kalshi. The clearinghouse holds members funds and clears trades.
TRADE YOUR CONVICTIONS
Find markets that align with your interests and opinions. For example, if you think a recession is coming, trade recession and S&P markets. You can finally put your money where your mouth is.
REDUCE FINANCIAL RISK
Hedge against events that might affect your finances. For example, if you hold stocks, trade Fed and inflation markets to protect your portfolio.
KASHI VS. STOCKS
Event contracts are more direct. You trade on the outcome of an event, not the future price of a stock. This means your profits are not tied to the company’s performance. No pattern day trading restrictions. You can trade as much or as little as you want, whenever you want. This gives you more flexibility to manage your risk. I