Kalshi’s Prediction Market Took 40 Months to Hit $1 Billion, Crypto Perps Did It in Days

Kalshi CEO Tarek Mansour told CNBC that the company’s perpetual futures crossed $1 billion in trading volume less than a week after launch. The Bitcoin perpetual (BTCPERP) went live on June 3, and the first 24 hours alone generated more than $100 million in volume. For context, Kalshi’s event contracts, the company’s original prediction market