Kalshi has launched tokenized prediction contracts on the Solana blockchain — a move that transforms Kalshi’s traditional event contracts into Solana-based tokens.

Kalshi’s partnership with DFlow and Jupiter connects its regulated off-chain orderbook with open liquidity pools on Solana, aiming to provide better pricing and market depth through tokenization.

This story is an excerpt from the Unchained Daily newsletter.

The integration with Solana aims to provide faster execution and deeper liquidity to Kalshi’s prediction markets, which have been seeing rising trading volumes, with industry-wide activity reaching nearly $28 billion as of October.

It also puts Kalshi in direct competition with Polymarket, another leading platform that already uses onchain trading.