Kalshi Expands to Solana: Global Liquidity ‘Plans’ Push Prediction Markets Into a New Era
Kalshi has taken a major leap into on-chain finance, unveiling a new system that lets users trade event contracts directly on the Solana blockchain. Announced Monday, the expansion formally integrates Kalshi’s traditional markets with blockchain rails—creating a unified liquidity engine that blends both on-chain and off-chain order flow.
According to the company, the goal is simple: build the deepest liquidity pool in the prediction market industry. By syncing U.S. and global liquidity—regardless of whether it originates from Solana users or Kalshi’s core platform—the exchange says it is setting a new standard for decentralized-access prediction markets.
Kalshi has already been fueling event contracts through Jupiter, a major Solana DEX aggregator, for at least a month. The firm now relies on Jupiter and infrastructure provider DFlow to support its newly unified global liquidity pool, enabling near-instant, non-custodial access to markets worldwide.
To accelerate the on-chain rollout, Kalshi launched its Builders Program, committing $2 million in grants for projects that integrate or innovate on top of its event markets. Builders can earn fees via unique referral codes tracked through DFlow or Jupiter, opening monetization paths for tools ranging from trading bots to mobile apps, analytics dashboards, AI agents, weather platforms, and more.
Participants also gain access to engineering support, marketing boosts, and co-branding opportunities as Kalshi seeks to expand beyond its U.S. anchor audience.
Leadership says the shift marks a turning point. After gaining a flood of USDC deposits ahead of the 2024 elections and reaching an $11 billion valuation following a major raise, Kalshi now wants to evolve into a fully global platform. The firm argues that crypto rails are the only realistic path to unlocking worldwide participation and novel market categories like weather-based predictions, economic trend markets, and even “mentions sniping.”
The expansion comes at a pivotal time for the sector. Polymarket—its primary on-chain rival—recently secured CFTC approval to return to the U.S. market. Meanwhile, Kalshi was hit with a legal setback last week when a Nevada judge ruled that the company falls under state gaming regulations.
Despite regulatory friction, Kalshi is betting that its new blockchain-integrated liquidity structure—and the $2M push to attract a wave of builders—will cement its place as a global prediction-market leader.