Kalshi launched perpetual futures contracts for BNB on September 4 alongside Cardano, Aave, Worldcoin, and Venice Token, bringing its total altcoin perpetual futures lineup to 17. BNB’s price surged over 5% to approximately $723 while trading volume spiked 83% within 24 hours of the announcement. These USD-margined contracts with no expiration date offer up to 4.5x leverage for BNB and are approved by the CFTC, distinguishing them from products offered by offshore platforms. Through this expansion, Kalshi positions itself as a regulated alternative to established offshore crypto derivatives platforms, as BNB seeks to strengthen its institutional legitimacy.
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