Kalshi
Definition
A U.S.-based, federally regulated prediction market exchange (CFTC-approved) where users trade 'event contracts' on the outcomes of real-world events, such as elections, economic reports, weather patterns, sports results, and cultural phenomena.
The first platform of its kind to enable public trading on a wide array of non-traditional future events, recently valued at $11 billion after raising $1 billion in funding.
Examples
I sunk my savings into Kalshi predicting a white Christmas—now I'm just hoping for a blizzard to bail me out.
Kalshi let me bet on the Fed's next rate cut while my stocks tanked; diversification, baby.
Forget fantasy football—Kalshi has me trading overtime props like a pro gambler with a day job.
Election stress? Kalshi turned my doomscrolling into dollar signs overnight.