KALSHI LAUNCHES CRYPTO PRE-MARKETS

Summary from the TLDR Crypto newsletter

Kalshi's Crypto Pre-Markets let users speculate on events tied to pre-token projects, like whether PumpFun, OpenSea, Monad, or Hyperliquid will launch tokens or conduct airdrops. This opens up tradable exposure to topics that currently lack direct markets, similar to how Pendle drove adoption via points speculation. Prediction markets are increasingly becoming a central venue for crypto-native speculation before tokens exist, giving traders a way to price in early probabilities.