# Kalshi

> Kalshi is the first U.S. CFTC-regulated prediction market exchange and
> the largest prediction market in the world. Traders buy and sell binary
> YES/NO event contracts on the outcome of real-world events across
> politics, economics, finance, sports, weather, culture, and more. Kalshi
> also lists perpetual futures (perps) on assets like BTC and ETH for
> qualifying users. Each binary contract resolves to exactly $1.00 or
> $0.00, so the live price (in cents) is the market's implied probability
> of the event. Slogan: "Trade on anything".

This index points AI agents to the most useful machine-readable
documentation about Kalshi. All links here resolve to plain text or
markdown so they can be ingested directly without parsing HTML.

## Product

- [About Kalshi](https://kalshi.com/docs/about.md): What Kalshi is,
  founders, regulators, investors, and what you can trade.
- [Getting started](https://kalshi.com/docs/getting-started.md): How to
  create an account, fund it, find a market, and place your first trade.
- [FAQ](https://kalshi.com/docs/faq.md): Common questions about prediction
  markets, regulation, surveillance, perps, and how Kalshi differs from
  sportsbooks.
- [Agent skill file](https://kalshi.com/AGENTS.md): How AI agents should
  read Kalshi prices, cite markets, and call the API.

## Developer

- [API overview](https://kalshi.com/docs/api.md): Base URLs, authentication,
  common endpoints, perpetual futures endpoints, WebSocket streaming, and
  rate limits.

## Site index

- [Markdown sitemap](https://kalshi.com/sitemap.md): Site hierarchy as
  markdown links, mirroring sitemap.xml.

## Optional

- [Full LLM corpus](https://kalshi.com/llms-full.txt): All of the above
  documentation concatenated as a single file for large-context agents.