Kalshi Seeks CFTC Self Certification for XRP Solana and Dogecoin Perps Bid

TLDR

Table of Contents

Kalshi filed to self certify perps tied to XRP, Solana, Dogecoin and nine more altcoins.
The CFTC has not approved the altcoin batch and plans case by case reviews.
The list includes ETH, XRP, SOL, DOGE, XLM, LINK, BCH, LTC, SUI, SHIB, DOT and HBAR.
Bitcoin perps on Kalshi received CFTC approval before the new altcoin filing.
The products would target a U.S. market long served by offshore crypto venues.

Kalshi is moving to expand U.S. crypto derivatives beyond Bitcoin. The prediction market has filed with the CFTC to self-certify perpetual futures tied to XRP, Solana, Dogecoin and nine other altcoins. The filing follows Bitcoin perps approval, but the new contracts still face a case-by-case regulatory review before they can launch.

Kalshi Files for Altcoin Perpetual Futures

Kalshi seeks CFTC self certification for perpetual futures tied to XRP, Solana, Dogecoin and nine more altcoins. The proposed contracts cover 12 digital assets. They include Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot and Hedera.

The filing was sent through Kalshi’s self certification route. That route lets an exchange notify the regulator before listing.

The move followed the CFTC’s Friday approval of Bitcoin perpetual futures on Kalshi’s market. Perpetual futures have no expiry date, and traders can hold positions without a set settlement day.

LATEST: ⚡️ Kalshi has applied with the CFTC to self-certify perpetual futures on XRP, Solana, Dogecoin, and 9 other altcoins following the CFTC's Bitcoin perps approval on Friday. https://t.co/qARZ3t5pEk pic.twitter.com/AF3hmP7TvT
— CoinMarketCap (@CoinMarketCap) June 2, 2026

Funding payments help keep contract prices near the related spot market. The contract type is common in crypto trading. It lets traders take long or short exposure. It also requires regular payments between long and short sides.

CFTC Signals Case by Case Review

The CFTC has not approved the new altcoin batch, according to the supplied report. The agency said non Bitcoin perps from U.S. firms will be reviewed case by case. In its Friday order, the CFTC said the “design may not be suitable for all asset classes.” NS3.AI said the filing has not received approval. The status leaves review with the regulator.

The wording keeps the review narrow, and it leaves each asset under separate scrutiny. CFTC Chair Mike Selig also said the agency would “use the tools at its disposal to onshore crypto asset perpetuals.” Selig wrote the comment in an X post on Friday.

The agency did not extend the Bitcoin decision to every crypto asset. The CFTC can ask questions, seek changes, or stop a listing under its rules.

XRP Solana and Dogecoin Join Proposed List

Kalshi’s filing places Ethereum, XRP, Solana and Dogecoin near the top of the proposed roster. The same list includes XLM, LINK, BCH, LTC, SUI, SHIB, DOT and HBAR. These contracts would track well known crypto assets, if the CFTC allows listing.

The group spans large tokens, payment coins, meme coins and network tokens. It also covers assets with different trading depth and user bases.

The report cited CoinGlass data showing Bitcoin led derivatives open interest at $54.9 billion. Ethereum followed at $31.5 billion, while Solana stood at $5.5 billion. XRP open interest was listed at $3 billion in the same market snapshot. The figures show where activity was concentrated when the report was published. They do not amount to a CFTC decision on any asset.

U.S. Access and Market Competition

The proposed products relate to U.S. access, as users have had limited regulated choices. Offshore platforms, including Binance, have long served much of the global perpetual futures market. Decentralized venues such as Hyperliquid have also gained attention from active traders.

Kalshi is entering that field through a U.S. regulated exchange model. That model brings the contracts into the CFTC review process. This route may also give domestic traders a monitored venue for products already traded abroad.

Kalshi’s contracts would not be barred from U.S. customers if approved by the CFTC. That would differ from many offshore venues, although final authorization is not in place. The CME also moved to offer round the clock trading for Bitcoin futures and options.

Analyst Dustin Gouker told Decrypt that Kalshi used a similar route for event markets. The altcoin filing arrived alongside markets tied to NFL athlete performance. The final result will depend on how the CFTC treats each product.