Perps and derivatives
No funding yet
Money is moving into Perps and derivatives; Kalshi is the project with the most noise and the most funding there; it has no token yet; its presale: not yet.
#1 of 3 by funding and #1 by noise among the projects to watch in Perps and derivatives.
At a glance
- Raised
- $1.0B in 1 round
- Token
- No token yet
- Token sale
- Not yet
- In the news
- 85
- Social
- Not yet
- Last round
- Oct 2026 · Series G
Its funds
| Fund | Tier | Its rounds |
|---|---|---|
| Sequoia · led | Tier 1 | 1 |
| a16z Frontier | Tier 1 | 1 |
| Wellington Management · led | Tier 3 | 1 |
| Baillie Gifford | Tier 4 | 1 |
| Coatue | Tier 5 | 1 |
| Morgan Stanley | — | 1 |
Its rounds
| Date | Round | Raised | Valuation | Investors |
|---|---|---|---|---|
| Oct 2026 | Series G | $1.0B | — | Sequoia CapitalWellington ManagementBaillie GiffordMorgan StanleyCoatue+1 |
Token sales and launch
Token sale: not yet. We know of no sale of this project.
Token launchNot yet: we find no token of Kalshi trading.
In the news, 30 days
- CFTC Reportedly Warns Kalshi of Charges Over Prediction Market Launches Nov 10
- Polymarket Political Volume Jumps 34% as Midterms Strengthen Lead Over Kalshi Nov 10
- Polymarket retains lead over Kalshi in political and election trading volume Nov 10
- Kalshi Tops $5 Billion in Daily Trading Two Days Running, Mostly on Parlays Nov 10
- Coinbase, Kalshi and Payward backs CFTC in lawsuit over single-stock perp futures Nov 10
After the round i
| Project | Round | Token | Since |
|---|---|---|---|
| Kalshi | Oct 29, 2026 | No token yet | — |
Entry valuation vs now
Not yet: no round gave a valuation for a token that now trades.