From CNBC.

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

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How Kalshi And Polymarket Are Trying Copy The Crypto Playbook