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XRP Perpetual Contracts Go Live on Kalshi After CFTC Approval

6/8/2026

XRP perpetual contracts are now trading on Kalshi, the U.S.-based prediction market, following regulatory clearance from the Commodity Futures Trading Commission.

The launch marks a notable expansion of crypto derivative access for American retail traders, who have historically faced a narrower on-shore product menu than their offshore counterparts.

Kalshi, operating under a CFTC-regulated framework, is now offering the XRP instrument to U.S. What the CFTC Clearance Actually Means The CFTC approval is the load-bearing fact in this announcement.

Perpetual contracts — derivatives with no fixed expiry date that track an underlying asset's price through a funding-rate mechanism — have long been the dominant instrument in global crypto trading volume, yet most of that activity has run through offshore venues inaccessible to retail Americans without regulatory cover.

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