> ## Documentation Index
> Fetch the complete documentation index at: https://docs.frenflow.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Kalshi on FrenFlow

> Trade CFTC-regulated Kalshi prediction markets via DFlow on Solana. How Kalshi works, key differences with Polymarket, and available markets.

## <span style={{color: "#baf820"}}>What is Kalshi?</span>

[Kalshi](https://kalshi.com) is a <Tooltip tip="Commodity Futures Trading Commission — the US regulatory body overseeing Kalshi">CFTC</Tooltip>-regulated prediction market exchange based in the US. FrenFlow integrates Kalshi markets via <Tooltip tip="A decentralized order flow protocol on Solana used by FrenFlow for Kalshi trading">[DFlow](https://dflow.net)</Tooltip>, which tokenizes Kalshi positions as SPL tokens on Solana.

<Frame>
  <img src="https://mintcdn.com/frenflow/yitYImfdH5WVXd-R/images/kalshi.png?fit=max&auto=format&n=yitYImfdH5WVXd-R&q=85&s=2eb54cc1e01893f4540a6b434a9219b8" alt="Kalshi on FrenFlow" width="1641" height="899" data-path="images/kalshi.png" />
</Frame>

## <span style={{color: "#baf820"}}>How it works</span>

<Steps>
  <Step title="Browse Kalshi markets">
    Kalshi markets are available alongside Polymarket markets. Look for the Kalshi badge on market cards.
  </Step>

  <Step title="Fund via Solana">
    Kalshi trading uses your Solana wallet. Deposit crypto from Base, Sui, Aptos, BSC, Solana, or Bitcoin. See [Deposit](/wallet/deposit) for details.
  </Step>

  <Step title="Trade">
    Same trading experience as Polymarket — buy Yes or No shares at your target price.
  </Step>

  <Step title="Settlement">
    Winning positions pay out automatically through DFlow.
  </Step>
</Steps>

## <span style={{color: "#baf820"}}>Key Details</span>

| Feature          | Details                   |
| ---------------- | ------------------------- |
| **Chain**        | Solana (via DFlow)        |
| **Currency**     | USD / Crypto              |
| **Regulation**   | CFTC regulated            |
| **Availability** | US-focused (KYC required) |
| **Order Types**  | Market, Limit             |

## <span style={{color: "#baf820"}}>Polymarket vs Kalshi</span>

|                  | Polymarket  | Kalshi                |
| ---------------- | ----------- | --------------------- |
| **Chain**        | Polygon     | Solana                |
| **Currency**     | USDC        | USD / Crypto          |
| **Regulation**   | Unregulated | CFTC regulated        |
| **KYC**          | No          | Yes                   |
| **Availability** | Global      | US-focused            |
| **Market types** | Broader     | More regulated events |