Kalshi is the largest federally regulated prediction market app in the U.S., where you can trade your predictions on real-world events, including football, basketball, hockey, and other sports, plus crypto prices. Perfect for anyone interested in real-world predictions, sports and crypto event trading, forecasting, and futures-style markets.
It's like stock trading – but instead, you're trading on event outcomes. Predict whether an event will happen or not, and profit if you're right. Join 10M+ users and trade thousands of markets across sports, finance, weather, and culture. Trade 24/7 on prediction market contracts.

FINANCIALS
Daily S&P 500, Dow, Nasdaq 100, WTI oil, Gold, Crypto, Company earnings

ECONOMICS
Fed interest rates, Inflation (CPI), Jobs reports, GDP, Recession, Gas prices, Mortgage rates

CLIMATE
Daily temperatures, Hurricane strength, Tornado numbers

CULTURE
Billboard 100, Netflix Top 10, Oscars, Grammys, #1 Hits

HOW KALSHI WORKS
Kalshi is a federally regulated prediction market exchange where you buy and sell contracts on event outcomes. Contract prices reflect trader predictions. Buy contracts from 1¢ to 99¢ and sell anytime. At close, each contract pays $1 if you're right.

TRADE SPORTS
Love day trading? Love sports? Kalshi lets you trade sports through live event contracts across football, basketball, hockey, soccer, MMA, tennis, golf, and more.
Make sports picks and live trades, access highly liquid markets for every pro and college game, combine multiple outcomes into one trade with Combos.
Kalshi is a Preferred Prediction Market Exchange of the NBA.

HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the CFTC. Kalshi's clearinghouse holds member funds and clears trades.

TRADE YOUR CONVICTIONS
Find markets that match your views, put your predictions to work.

TRADE PERPETUALS
A simple way to trade the price of crypto like Bitcoin and Ethereum, plus oil, gold, silver, copper, and U.S. stock indexes, without owning the asset. Go long if you expect the price to rise, or short if you expect it to fall. Trade crypto, commodities, and indexes in one place. Gold and silver perps trade 24/7.

REDUCE FINANCIAL RISK
Hedge your portfolio. Trade inflation and Fed markets to manage risk.

KALSHI VS. STOCKS
You trade outcomes, not stock prices. No pattern day trading restrictions.

KALSHI VS. OPTIONS
Prices reflect real prediction probabilities instead of complex option mechanics.

HOW MUCH MONEY DO I NEED TO START?
Open a Kalshi account for free. Low-cost contracts make it easy to start trading, and testing sports picks with small capital.

WHO KALSHI IS FOR
Sports fans trading real game outcomes
Traders seeking federally regulated prediction markets
Investors hedging financial risk with event contracts
Forecasters trading on real-world predictions
Developers building automated trading strategies

Kalshi combines prediction, prediction market mechanics, and flexible trading in one federally regulated platform.

18+ only. Restrictions and eligibility requirements apply. Trading event contracts and trading leveraged products, including perpetual futures, involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Not representative of overall customer performance or success. Past results are not necessarily indicative of future performance.
Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Additional perpetual contract offerings are subject to applicable regulatory review and approval, and availability may vary.
Leverage amplifies both potential gains and potential losses, and losses can exceed the amount deposited. Leverage limits are determined by KalshiEX LLC or the FCM based on its own risk assessment and each customer's individual risk profile, and are subject to change.