Why Kalshi Thinks It Can Win the US Crypto Perps Market
18 Jun 2026 · 47:26
John Wang, Head of Crypto at Kalshi, joins host Laura Shin to explain how the prediction market exchange became the first CFTC-approved venue to launch crypto perpetual futures in the US. He walks through how perps differ from options and standard futures, Kalshi's guarantee fund and segregated accounts, and its plan to compete with Hyperliquid, Coinbase, and Kraken. Wang also pushes back on CME Group CEO Terry Duffy's warning that crypto perps are a disaster waiting to happen, arguing CME's own futures carry higher leverage.