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Markets5h 18m ago

Alliance 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.

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Who
Imran Khan, Kalshi
What
Alliance 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.
When
Sat, 13 Jun 2026 18:29:37 GMT · 5h 18m ago
Where
not applicable (digital assets) ·
Why
Khan believes Kalshi's products pull trading liquidity off-chain, making it less composable for decentralized finance (DeFi) applications.
The Frontline Impact

How this affects you

The introduction of new off-chain crypto perpetual futures by platforms like Kalshi, even with regulatory approval, could fragment liquidity and hinder the growth potential of decentralized finance ecosystems. This development highlights an ongoing tension between centralized and decentralized financial systems in the crypto space.

Story chain

3 events in this thread
  1. Currently Reading5h 18m ago
    Alliance 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.
  2. Markets5h 18m ago
    Imran 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
  3. Markets5h 18m 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.
    Open article

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