- Kalshi launches tokenized prediction contracts on Solana with $2M builder grants.
- Platform integrates DFlow and Jupiter for instant USDC settlement transactions.
- John Wang says liquidity moat combines on-chain and off-chain into one pool.
Kalshi announced that its prediction market contracts are now tokenized on the Solana blockchain. The platform launched $2 million in builder grants alongside the integration, with Axiom Exchange as the next partner.
The tokenization allows users to trade prediction contracts directly on Solana using the platform’s global liquidity pool. Kalshi introduced Builder Codes that allow anyone to monetize applications built on top of the liquidity pool through DFlow and Jupiter Exchange.
Platform Opens Permissionless Application Development
Trading terminals, weather sites, and AI agents can now earn fees and rewards based on trading volume generated through their applications. Kalshi stated that the builder program operates permissionlessly, requiring no approval process for developers.
John Wang, Head of Crypto at Kalshi, stated that liquidity is the ultimate competitive advantage for any exchange. He claimed that Kalshi is the only prediction market aggregating on-chain and off-chain activity from both U.S. and international sources into a single liquidity pool.
Binary Yes/No contracts convert into Solana SPL tokens under the tokenization framework. This creates a unified liquidity pool that merges Kalshi’s off-chain order book with on-chain trading activity. The platform uses Jupiter’s DEX aggregator and DFlow’s trading infrastructure to enable instant settlement with USDC.
Tokenized Contracts Cover Several Events
Tokenized contracts cover events ranging from Federal Reserve policy decisions to sports outcomes and cultural events. While trading occurs on-chain, outcome resolution remains determined by Kalshi’s CFTC-approved clearing framework. This creates a hybrid model that prioritizes regulatory compliance.
Kalshi’s November trading volume reached $5.8 billion. The platform closed a $1 billion funding round in November 2025, led by Sequoia Capital and CapitalG. Andreessen Horowitz, Paradigm, Anthos Capital, and Neo participated in the round. The funding valued Kalshi at $11 billion, less than two months after a $300 million raise at a $5 billion valuation.
Wang emphasized that tokenization provides non-custodial, instant, and crypto-native trading infrastructure. The integration aims to position Kalshi as the primary liquidity source for prediction market contracts across both traditional and decentralized platforms.
Related: https://coinedition.com/polymarket-says-cftc-approval-allows-it-intermediated-access-to-us-market-operations/
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Source: https://coinedition.com/kalshis-prediction-market-contracts-are-now-tokenized-on-solana-blockchain/
