Ask about KalshiKey Metrics
DEX Volume 30d$12.22b
DEX Volume 30d by chain
Off Chain$12.22b
DEX Volume 7d$2.773b
Off Chain$2.773b
DEX Volume 24h$329.98m
Off Chain$329.98m
Cumulative DEX Volume$55.121b
Off Chain$55.121b
DEX Notional Volume 30d$41.955b
DEX Notional Volume 30d by chain
Off Chain$41.955b
DEX Notional Volume 7d$9.235b
Off Chain$9.235b
DEX Notional Volume 24h$943.58m
Off Chain$943.58m
Cumulative DEX Notional Volume$154.429b
Off Chain$154.429b
$946.95m
Total Raised$2.685b
Jun 25, 2025$185mRound: Series CInvestors: Paradigm, Sequoia Capital, Multicoin Capital, Neo, Bond
Oct 10, 2025$300mRound: Series DInvestors: Sequoia Capital, a16z crypto, Paradigm, CapitalG, Coinbase Ventures
Nov 20, 2025$1bRound: Series EInvestors: Paradigm, Sequoia Capital, a16z crypto, Neo, CapitalG, Anthos Capital
Mar 19, 2026$1bRound: Investors: Coatue
May 20, 2026$200mRound: Investors: Baillie Gifford, Layer Global
Protocol Information
Kalshi is a CFTC-regulated event derivatives exchange where users trade binary contracts (yes/no) on real-world outcomes
Category:Prediction Market
Methodology
DEX Volume: Volume of all spot token swaps on the DEXView code on GitHubNotional Volume: Notional volume of all trades on protocolView code on GitHubFrequently Asked Questions
What is Kalshi?
Kalshi is a CFTC-regulated event derivatives exchange where users trade binary contracts (yes/no) on real-world outcomes
What chains does Kalshi operate on?
Kalshi operates on Off Chain.
How does Kalshi's TVL compare to similar protocols?
Among Prediction Market protocols tracked by DefiLlama, Kalshi ranks #89 by TVL. The category holds $404.24m across 108 protocols, and Kalshi accounts for 0% of that total. Other leading protocols include Polymarket, Rain, and Predict Fun.
How much trading volume does Kalshi process?
Kalshi processed $12.22b in DEX volume over the past 30 days.