TLDR Kalshi is testing a new trading terminal designed for its most active users, currently in alpha with a small group of traders. The platform features real-time contract views, volume rankings, live trade feeds, and order-book data, similar to tools used on Wall Street. The terminal aims to consolidate tools that power users currently build themselves, with a focus on speed and workflow efficiency. No launch date or pricing model has been disclosed, and it is unclear whether the product will be a paid offering. The news comes as Kalshi recently received regulatory approval to offer perpetual cryptocurrency futures and launched a new political influence tracker.
Kalshi, the regulated prediction markets platform, is developing a new software terminal aimed at its most active traders. The product is currently being tested by a small group of users in an alpha phase. No public launch date has been announced.
The platform is designed to bring together tools that many experienced traders currently piece together on their own. Features seen in early testing include real-time views of contract activity, rankings of markets by trading volume, live trade feeds, and direct access to order-book data. Users can monitor multiple markets at once and tailor the layout around their existing positions.
One feature under development is intended to cut down the number of steps needed to enter a trade — a nod to the speed demands of users who place many trades in a short time.
Who Is the Platform Built For?
The terminal appears to target a group sometimes called “sharps” in financial markets — experienced participants who use data and speed to find advantages. These traders often build their own dashboards, use spreadsheets, and connect via APIs to manage positions across many contracts.
A dedicated terminal would put many of