Phantom Adds Kalshi Prediction Markets to Its Crypto Wallet

In Brief

• Phantom users can trade Kalshi prediction markets directly inside the crypto wallet.
• Tokenized event positions are accessible using SOL or Phantom’s CASH stablecoin.
• Integration adds live odds, market tracking, and social features for users.

Phantom has integrated Kalshi’s prediction markets into its crypto wallet, enabling users to trade event-based positions easily. The new feature allows users to speculate on politics, sports, crypto, and global events from within the wallet interface.

Users can purchase tokenized positions referencing Kalshi markets using Solana-based tokens like SOL or Phantom’s native stablecoin, CASH. This removes the need to move funds or register separate accounts, making participation more accessible and seamless.

Integration boosts accessibility and engagement in on-chain prediction markets

Kalshi, regulated by the U.S. Commodity Futures Trading Commission, brings its real-world event markets to over 20 million Phantom users. The rollout follows Kalshi’s recent migration to the Solana blockchain and partnerships with DeFi platforms like DFlow and Jupiter.

Each market within the Phantom wallet features live price updates, odds, and a real-time community chat for user interaction. This social trading element encourages discussion and helps users track sentiment as event outcomes evolve.

Phantom has positioned prediction markets alongside existing tools like token swaps and perpetual futures trading. This combination supports its goal to become a unified platform for crypto-based financial activities.

Kalshi’s markets, covering topics from data releases to entertainment, saw $5.8 billion in monthly volume in November. The company aims to expand its reach in crypto by embedding its markets into widely used wallets and apps.

Kalshi’s on-chain growth strategy includes integrations with major media and trading platforms like Google Finance, Robinhood, and now Phantom. These efforts reflect a broader push to make regulated event-based trading more mainstream and blockchain-accessible.

Phantom’s integration offers crypto-native users a familiar environment to access regulated prediction markets. It also simplifies participation by enabling token-based access and in-app engagement without additional platforms.

With this move, Phantom enhances its service offerings while Kalshi gains exposure to millions of active wallet users. Together, the firms bridge regulated prediction trading with user-friendly crypto tools in one application.