Ask about KalshiKey Metrics
DEX Volume 30d$10.893b
DEX Volume 30d by chain
Off Chain$10.893b
DEX Volume 7d$1.824b
Off Chain$1.824b
DEX Volume 24h$326.61m
Off Chain$326.61m
Cumulative DEX Volume$58.017b
Off Chain$58.017b
DEX Notional Volume 30d$36.223b
DEX Notional Volume 30d by chain
Off Chain$36.223b
DEX Notional Volume 7d$5.981b
Off Chain$5.981b
DEX Notional Volume 24h$1.07b
Off Chain$1.07b
Cumulative DEX Notional Volume$163.948b
Off Chain$163.948b
$645.23m
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 #90 by TVL. The category holds $386.27m across 110 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 $10.893b in DEX volume over the past 30 days.