Kalshi Expands Regulated Crypto Offerings Amid Ongoing Regulatory Scrutiny

Kalshi has further expanded its regulated crypto derivatives offerings by introducing Solana perpetual futures to its CFTC-regulated product suite. This move comes as the US Commodity Futures Trading Commission (CFTC) reviews new rules for prediction market contracts, which could impact event-based contracts.

The introduction of Solana perpetual futures follows previous approvals for Bitcoin, Ethereum, and XRP contracts. However, Dogecoin, Shiba Inu, Stellar, and Hedera contracts are still awaiting regulatory approval.

Meanwhile, Raydium, a major decentralized exchange on Solana, suffered a $1.34 million exploit targeting its legacy AMM V3 program's liquidity pools. Fortunately, the firm has announced that it will fully reimburse users for their losses.