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47· Steady
Markets3h 59m ago
Alliance co-founder Imran Khan warns Kalshi’s recently launched Ethereum, XRP, and Solana perpetual futures products could divert liquidity from on-chain markets.
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Who
Imran Khan, Kalshi
What
Alliance co-founder Imran Khan warns Kalshi’s recently launched Ethereum, XRP, and Solana perpetual futures products could divert liquidity from on-chain markets.
When
Sat, 13 Jun 2026 18:29:37 GMT · 3h 59m ago
Where
not specified ·
Why
Khan argues that Kalshi's crypto derivatives operations attract users and funds away from decentralized trading venues, making it harder for other applications to build on top of this activity.
The Frontline Impact
How this affects you
The diversion of liquidity to off-chain platforms like Kalshi, despite their regulatory approval, could hinder the growth and composability of decentralized finance (DeFi) ecosystems, potentially impacting innovation and integration within the broader crypto market.
Story chain
3 events in this thread- Markets3h 59m agoAlliance co-founder Imran Khan stated that Kalshi's recently launched Ethereum, XRP, and Solana perpetual futures products could harm on-chain liquidity by attracting traders.Open article
- Markets3h 59m agoImran Khan stated that new perpetual futures products launched by Kalshi on Ethereum (ETH), XRP, and Solana (SOL) could negatively impact on-chain liquidity by drawing traders into closed ecosystems.Open article
- Currently Reading3h 59m agoAlliance co-founder Imran Khan warns Kalshi’s recently launched Ethereum, XRP, and Solana perpetual futures products could divert liquidity from on-chain markets.