Personally, I think Kalshi’s products are net negative for on chain liquidity. Every product they launch like perps or prediction markets pulls trading liquidity into an off chain venue rather than onchain. As a result, new users entering through Kalshi are more likely to remain within a closed, o
The author argues that Kalshi's products are detrimental to on-chain liquidity by diverting trading and users to off-chain venues.
Personally, I think Kalshi’s products are net negative for on chain liquidity. Every product they launch like perps or prediction markets pulls trading liquidity into an off chain venue rather than onchain. As a result, new users entering through Kalshi are more likely to remain within a closed, o
Personally, I think Kalshi’s products are net negative for on chain liquidity. Every product they launch pulls trading liquidity off chain rather than onchain. As a result, new users entering through Kalshi are more likely to remain within a closed, off chain environment instead of flowing into pl
Personally, I think Kalshi’s products are net negative for on chain liquidity. Every product they launch pulls trading liquidity off chain rather than onchain. As a result, new users entering through Kalshi are more likely to remain within a closed, off chain environment instead of flowing into pl