It’s like trading stocks — but instead, you trade on events you understand. Predict whether an event will happen or not, and earn money if you’re right.
Join 10M+ users trading thousands of prediction markets across finance, weather, culture, sports, and more. Make money 24/7 on fast, simple event markets.

FINANCIAL MARKETS
Daily S&P 500, Nasdaq 100, WTI oil

ECONOMIC MARKETS
Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates

CLIMATE MARKETS
Hurricane strength, Daily city temperatures, Tornado numbers

CULTURE MARKETS
Billboard 100, Oscars, Grammys, Emmys, #1 Hits

HOW KALSHI WORKS
Kalshi is the largest federally regulated prediction exchange where you buy and sell contracts based on event outcomes. Example: NASA announces a manned mission to the moon. Contract prices reflect trader probability estimates. If you think the event will happen, you buy contracts. Contracts cost between 1¢ and 99¢ and can be sold anytime. At market close, each correct contract is worth $1.

TRADE SPORTS
Love day trading? Love sports?
Kalshi lets you trade on real sports outcomes across football, baseball, basketball, golf, MMA, tennis, and more.
Will Baltimore beat Philly?
Will the total score go over 45?
Trade pro and college sports with highly liquid prediction markets. Experience live sports trading with unmatched market activity.

HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). Kalshi’s affiliate, Kalshi Klear LLC, is a CFTC-regulated clearinghouse that holds member funds and clears trades.

TRADE YOUR CONVICTIONS
Find prediction markets that match your views. If you think a recession is coming, trade recession and S&P markets. Put your money behind your forecasts.

REDUCE FINANCIAL RISK
Hedge against events that could impact your finances. If you hold stocks, trade Fed and inflation markets to help protect your portfolio.

KALSHI VS. STOCKS
Event contracts are direct. You trade the outcome of an event, not the future stock price of a company. Profits are not tied to company performance. No pattern day trading restrictions. Trade as much or as little as you want, anytime. In stock trading, you can be right and still lose money due to market sentiment or news. Prediction markets remove that layer.

KALSHI VS. OPTIONS
Event contracts are simpler. Options pricing depends on multiple complex factors. Kalshi contracts reflect straightforward event probabilities. No time decay. If the event odds stay the same, contract value stays stable.

HOW MUCH MONEY DO I NEED TO START?
Open and maintain a Kalshi account for free. Prediction markets require less capital than traditional trading, making it easier to diversify without risking large amounts.

ADVANCED TOOLS & API ACCESS
Build trading algorithms in Python with starter code and a dedicated package. Start in minutes with documentation. Backtest strategies using historical data. Access open-source tools from the Kalshi developer community.