How Kalshi And Polymarket Are Trying Copy The Crypto Playbook

Kalshi is joining Polymarket in introducing trading for perpetual futures, known as “perps,” according to reporting by The Information. This type of derivative trading uses long-term contracts without a specific end date and have long been popular with crypto investors but could soon become more mainstream. CNBC’s Tanaya Macheel breaks down what the implications of these announcements could mean in the long term. Produced by: Ryan Baker and Charlotte Morabito Edited by: Darren Geeter Reporter: Tanaya Macheel Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Use coupon code EARLYBIRD for 20% off. Offer valid from April 20, 2026 to May 4, 2026. Terms apply. https://cnb.cx/4sGlSkh Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Kalshi And Polymarket Are Trying Copy The Crypto Playbook