Kalshi, the CFTC regulated prediction market platform, has listed perpetual futures on Hyperliquid’s native HYPE token.

It’s the first time a regulated venue has offered a perp contract tied to Hyperliquid-native asset, and it lands just days after Kalshi’s broader crypto derivatives platform started racking up serious volume.

The filing was submitted to the CFTC on June 9, 2026. Kalshi only launched its first CFTC-approved crypto perps on May 29, starting with Bitcoin. Now it’s already pushing into DeFi-native tokens.

From prediction markets to perpetual futures

Kalshi recorded over $100 million in notional volume within the first 24 hours of launching its perps platform. Less than a week later, total notional volume had crossed $1 billion.