Kalshi's American Perpetuals party just got louder: ZEC, NEAR, SHIB, and DOGE walk in 🐕

Kalshi prediction market has expanded its US-regulated perpetual futures lineup to include Zcash (ZEC) and Near Protocol (NEAR), with Shiba Inu (SHIB) and Dogecoin (DOGE) perpetual contracts also now live under the "American Perpetuals" brand. The additions arrived after clearance from the US Commodity Futures Trading Commission (CFTC), broadening Kalshi's derivatives footprint beyond its existing contracts.

Kalshi filed for ZEC and NEAR perpetual futures with the CFTC on Tuesday, and both products debuted with capped leverage. Traders can access up to 2x leverage on ZEC and up to 2.6x on NEAR, the platform disclosed. The Shiba Inu perpetual is listed under the ticker KSHIB, with a maximum leverage of 2x.

Earlier in the month, Kalshi filed for perpetual futures covering ETH, XRP, SOL, DOGE, XLM, LINK, BCH, LTC, SUI, SHIB, DOT, HBAR, and HYPE. Within that batch, approvals for XLM, DOT, and HBAR remain pending with the US CFTC. With the latest additions, Kalshi now offers perpetuals trading for Bitcoin and 12 altcoins under its CFTC-regulated framework.

The expansion comes against the backdrop of sharp moves across the broader crypto market, with prices falling amid large-scale liquidations. The scale of the sell-off was not quantified in Kalshi's announcement, and the platform has not disclosed specific trading volumes for the newly listed contracts.

Kalshi has positioned the "American Perpetuals" product line as a US-compliant venue for perpetual futures trading, contrasting with offshore alternatives. The platform's filings with the CFTC indicate a staged rollout, with each new asset requiring separate regulatory review before going live for eligible US users.