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Markets3h 54m 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.

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Who
Imran Khan, Alliance co-founder
What
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.
When
Sat, 13 Jun 2026 18:29:37 GMT · 3h 54m ago
Where
not specified ·
Why
Kalshi recently launched perpetual futures for ETH, XRP, and SOL after Commodity Futures Trading Commission (CFTC) approval, which Khan believes will pull trading liquidity off-chain.
The Frontline Impact

How this affects you

The diversion of liquidity from decentralized on-chain markets to centralized platforms like Kalshi could hinder the composability and development of new applications within the broader crypto ecosystem, potentially affecting innovation in decentralized finance.

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