TL;DR
- Phantom has integrated Kalshi’s markets, allowing any user to take positions on real-world events directly from their wallet without moving funds.
- The app added a panel with real-time prices, probabilities, and settlement updates, and it lets users buy claims using SOL or the CASH stablecoin.
- The integration builds on Kalshi’s growth, which now reaches billions in monthly activity and continues expanding its footprint.
Phantom has integrated Kalshi’s prediction markets into its wallet, enabling any user to bet on real-world events without leaving the app. The feature works like a swap: the user selects a market, checks real-time odds, and buys claims using SOL or the CASH stablecoin from their existing balance.
How the Integration Works
The system removes the need for external accounts or fund transfers. The wallet processes purchases of claims linked to CFTC-regulated markets, displays prices, changes, outcomes, and settlement alerts, and includes a chat channel where users can debate probabilities as each event unfolds.
Kalshi recently logged nearly $6 billion in monthly activity. The platform distributes its data across Google Finance, CNN, CNBC, and the NHL. Its partnership with Robinhood drives more than half of Kalshi’s current volume and helped cement retail interest in prediction markets, whose liquidity keeps growing.
Phantom says these markets fit naturally into its existing toolset, which already includes swaps and perpetual futures for Solana users. The wallet concentrates millions of accounts and turns event speculation into a function embedded within a user’s regular workflow.
Kalshi Continues Expanding and Moves Closer to Polymarket
Kalshi recently raised $1 billion in new funding, pushing its valuation to $11 billion. Meanwhile, its main competitor Polymarket is reportedly moving toward a $15 billion valuation. Both platforms are pushing to accelerate retail onboarding.
According to Kalshi CEO Tarek Mansour, this partnership marks an important step toward bringing regulated markets onchain. Phantom CEO Brandon Millman said the goal is to make expressing an opinion through a market as simple as any other operation in the DeFi ecosystem-
