Kalshi: Market criteria

Outlining what type of markets can be listed

Market criteria

• Market type: Binary (Yes/No) only — no multi-choice markets in Beta

• Tenor: 6+ months to expiry at time of listing

• Selection: Only top-attention / top-volume Kalshi markets (curated list; see dashboard)

These markets inherit Trove’s standard risk controls (OI caps, leverage bands, circuit breakers) and funding mechanics.

Resolves on Feb, 2027. View the Kalshi market here

Contract model

Field	Definition
Instrument	Linear, USD-quoted binary perp (0–100 pricing, where 100 ≈ “YES wins”)
Quote	USDC (cash-settled)
Payout intuition	Profit scales with change in implied probability (price points)
Leverage	Up to 5× (subject to market-specific bands)

A price of $62.0 on Trove corresponds to a 62% implied probability of the “YES” outcome.