Kalshi Brings Tokenized Event Contracts to Solana

Kalshi Launches Tokenized Contracts on Solana

The company announced that tokenized versions of its event contracts are now live on the Solana blockchain. These tokenized contracts function the same as traditional Kalshi contracts but allow users to trade directly on-chain with greater anonymity. This move combines the predictability of regulated markets with the speed and flexibility of blockchain technology.

Bridging Traditional Markets and Blockchain

Tokenised contracts allow users to buy and sell digital representations of event contracts on Solana. These contracts represent wagers on the outcome of real-world events, such as economic data releases or political results. By tokenising them, Kalshi enables trades to settle on-chain, reducing intermediaries and improving transparency.

Institutional clients DFlow and Jupiter are supporting the effort by connecting Kalshi’s off-chain orderbook to Solana’s liquidity. This ensures sufficient depth for trading and keeps pricing efficient for users.

Tokenised event contracts also appeal to traders seeking privacy. While traditional contracts require some personal information, on-chain trading adds a layer of anonymity without altering the fundamental contract structure. This makes it easier for crypto-native users to participate in regulated markets.

A real-world example of this trend is derivative trading platforms experimenting with Ethereum-based tokenised contracts, which have seen millions in daily volume in 2025. Kalshi’s entry into Solana builds on that momentum, tapping into a blockchain known for low fees and high-speed settlement.

Tokenisation is part of a larger trend in finance where traditional instruments are increasingly represented as digital assets. By bridging off-chain and on-chain liquidity, Kalshi demonstrates how established exchanges can leverage blockchain benefits without losing regulatory compliance.

The Growth of Prediction Markets

Prediction markets have already surpassed $51 billion in year-to-date volume, yet few are appreciating the scale of this milestone. Real money is now pricing outcomes across sports, crypto, politics, and macroeconomics in real time, with weekly volumes hitting multi-billion-dollar levels. This is no longer a niche—it’s a parallel financial system where the crowd consistently outperforms traditional analysts, influencers, and experts who don’t put skin in the game. And this is just the beginning.

Once SocialFi layers are added—creator-driven markets, social reputation scores, on-chain prediction identities, influence-boosted odds, and follower-driven alpha feeds—prediction markets will transform into a new internet economy. Creators become oracles, communities act as hedge funds, and markets evolve into social networks with real money attached, unlocking unprecedented opportunities for engagement and value creation.

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