Kalshi Launches Fully Regulated Dogecoin Perpetual Futures in the US
- —One contract equals 10 DOGE, with leverage capped at 3.8x for longs and 2.8x for shorts
- —Daily volume reached about $952,100, with open interest at $553,300
- —Positions are slightly skewed toward bears at 54% versus 46% for bulls
- —Contracts fall under Section 1256 of the US tax code, applying the 60/40 rule
Why it matters: Regulated DOGE perpetuals give US traders a legal onshore alternative to offshore exchanges, with favorable 60/40 tax treatment.
Source: U.Today