
Prediction Markets Target Crypto's Riskiest Trade: Perpetual Futures
Prediction markets, including Kalshi and Polymarket, are reportedly moving to target the perpetual futures market in the U.S., a highly leveraged and volatile segment of crypto trading. This convergence could challenge major platforms like Robinhood and Coinbase by allowing users to bet on real-world events using crypto derivatives. While some analysts view this as a natural market evolution, others point to the high risk associated with perps, which utilize auto-deleveraging mechanisms. Regulatory bodies, such as the CFTC, are actively working to bring these complex derivatives onshore. The ultimate success and expansion of this model will depend on regulatory oversight and the ability to apply these concepts to non-crypto asset classes.






















