<\/div>\n<\/p><\/div>\n<\/p><\/div>\n
The CFTC originally indicated that perpetual futures for assets beyond Bitcoin would be reviewed on a case-by-case basis due to the differences between the massive altcoins.\u00a0\u00a0<\/p>\n
Kalshi successfully cleared the regulatory hurdles to bring the XRP contracts to market.<\/p>\n
Perpetual futures have been the go-to trading instrument for cryptocurrency traders for years. They do not feature an expiration date, meaning that speculative positions can be held indefinitely.\u00a0<\/p>\n
Offshore platforms of the likes of Binance or decentralized exchanges like Hyperliquid used to rule the roost within this sector. However, geographical barriers are now being slowly but surely taken down due to the cryptocurrency-friendly CFTC.\u00a0<\/p>\n
Impressive demand\u00a0<\/h2>\n
The rollout of Kalshi’s crypto perpetuals has been met with impressive demand.\u00a0<\/p>\n
The platform captured $100 million in trading volume within just 24 hours.\u00a0<\/p>\n
The listing is a substantial milestone for XRP. The Ripple-linked token already boasts a massive portion of the global crypto derivatives market. It commands roughly $3 billion in open interest behind only Bitcoin, Ethereum, and Solana.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
No geographical barriers\u00a0 Impressive demand\u00a0 XRP perpetual contracts are now live for trading on the U.S.-regulated prediction market Kalshi, according to a Wednesday announcement.\u00a0 The launch, which has also been confirmed by RippleX, introduces what Kalshi calls “American Perpetuals” to the U.S.-based traders.\u00a0 No geographical barriers\u00a0 Just over a week ago, on Friday, the Commodity […]<\/p>\n","protected":false},"author":2,"featured_media":430157,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-430148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=430148"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430148\/revisions"}],"predecessor-version":[{"id":430158,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430148\/revisions\/430158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/430157"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=430148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=430148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=430148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}