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Understanding Perpetuals

Trade prices up or down, with up to 6x leverage and no expiration.

Understanding Perpetuals

Trade prices up or down, with up to 6x leverage and no expiration.
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Trading on Kalshi involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on Kalshi is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Information is provided for convenience only on an "AS IS" basis. Past performance is not necessarily indicative of future results. Kalshi is subject to U.S. regulatory oversight by the CFTC.

Indices perpetuals

New
US Large Cap perps
US LARGE CAP

US LARGE CAP

15.3xLeverage max
$13,628.10+0.56%
24h vol: $5,611,653Fund 0.0000%
US Tech 100 perps
US TECH 100

US TECH 100

11.6xLeverage max
$37,173+0.67%
24h vol: $16,656,497Fund 0.0000%

Energy perpetuals

New
WTI Oil perps
WTI OIL

WTI OIL

6xLeverage max
$98.10-0.35%
24h vol: $56,853,701Fund 0.0518%

Metals perpetuals

Gold perps
GOLD

GOLD

15.8xLeverage max
$4,132.90-0.27%
24h vol: $46,664,072Fund 0.0614%
Silver perps
SILVER

SILVER

9xLeverage max
$58.115+1.67%
24h vol: $37,564,343Fund 0.0490%
Platinum perps
PLATINUM

PLATINUM

7.3xLeverage max
$1,660.70+1.26%
24h vol: $1,561,997Fund 0.0173%
Palladium perps
PALLADIUM

PALLADIUM

4.6xLeverage max
$1,107.40-1.04%
24h vol: $3,356,309Fund 0.0066%
Copper perps
COPPER

COPPER

9.1xLeverage max
$6.6948+0.02%
24h vol: $743,145Fund 0.0213%
Aluminum perps
ALUMINUM

ALUMINUM

8.5xLeverage max
$3,025.30-0.34%
24h vol: $101,055Fund 0.0000%

Crypto perpetuals

Bitcoin perps
BTC

BTC

6.8xLeverage max
$83,022+1.33%
24h vol: $403,697,189Fund 0.0189%
Ethereum perps
ETH

ETH

4.9xLeverage max
$2,460.50+2.59%
24h vol: $464,454,499Fund 0.0000%
Hyperliquid perps
HYPE

HYPE

2.4xLeverage max
$81.055+3.52%
24h vol: $3,944,202Fund 0.0000%
Solana perps
SOL

SOL

3.5xLeverage max
$106.921+2.39%
24h vol: $18,770,416Fund -0.0261%
XRP perps
XRP

XRP

4xLeverage max
$1.3376+2.89%
24h vol: $3,861,306Fund 0.0130%
Zcash perps
ZEC

ZEC

2.6xLeverage max
$1,271.13+13.90%
24h vol: $4,616,525Fund -0.0450%
NEAR Protocol perps
NEAR

NEAR

3.5xLeverage max
$4.9856+1.44%
24h vol: $6,898,049Fund 0.0000%
Sui perps
SUI

SUI

3.1xLeverage max
$1.03321+4.91%
24h vol: $933,450Fund 0.0000%
Bitcoin Cash perps
BCH

BCH

4.1xLeverage max
$282.54+1.88%
24h vol: $1,274,569Fund 0.0000%
Dogecoin perps
DOGE

DOGE

3.7xLeverage max
$0.081916+3.44%
24h vol: $1,260,206Fund 0.0000%
Litecoin perps
LTC

LTC

4.1xLeverage max
$61.250+2.71%
24h vol: $699,771Fund 0.0000%
Chainlink perps
LINK

LINK

3.9xLeverage max
$12.3318+3.65%
24h vol: $396,247Fund 0.0000%
Shiba Inu perps
KSHIB

KSHIB

3.7xLeverage max
$0.0051300+2.87%
24h vol: $66,220Fund -0.0271%
VVV perps
VVV

VVV

2.2xLeverage max
$25.646+6.63%
24h vol: $2,471,175Fund 0.0000%
Worldcoin perps
WLD

WLD

2.9xLeverage max
$0.5909+15.70%
24h vol: $4,881,213Fund -0.0254%
Cardano perps
ADA

ADA

3.9xLeverage max
$0.2239+3.23%
24h vol: $845,888Fund 0.0000%
BNB perps
BNB

BNB

5.5xLeverage max
$742.00+1.92%
24h vol: $408,801Fund 0.0000%
Aave perps
AAVE

AAVE

3.5xLeverage max
$155.82+5.35%
24h vol: $879,384Fund -0.0446%
Uniswap perps
UNI

UNI

3.7xLeverage max
$7.5765+5.11%
24h vol: $1,060,215Fund 0.0000%