Breaking: Zcash (ZEC), NEAR, SHIB, & DOGE Perps Trading Go Live on Kalshi

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Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.

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Zcash (ZEC), NEAR, SHIB, & DOGE Perp Futures Go Live on Kalshi

Highlights

Zcash (ZEC) and Near Protocol (NEAR) perpetual futures trading go live on Kalshi prediction market.
CFTC has also approved perps trading for SHIB, DOGE, and other altcoins.
Prices fell amid massive crypto market liquidations.

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Kalshi prediction market has expanded its perpetual futures trading offering to include Zcash (ZEC) and Near Protocol (NEAR). The platform shows perpetual contracts for altcoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) are also live for trading after approval from US CFTC.

Kalshi Launches Zcash (ZEC), NEAR, SHIB and DOGE Perps Trading

Kalshi has added Zcash (ZEC) and NEAR to its line of US CFTC-regulated perpetual contracts. The products debuted under the trademark “American Perpetuals,” which aims to offer CFTC-regulated perpetual futures contracts trading to users in the United States.

Notably, the prediction market platform filed for ZEC and NEAR perpetual futures with the CFTC on Tuesday. The platform is offering 2x leverage on ZEC and 2.6x on NEAR.

As CoinGape reported earlier, Kalshi filed for ETH, XRP, SOL, DOGE, XLM, LINK, BCH, LTC, SUI, SHIB, DOT, HBAR, and HYPE earlier this month. Among these altcoins, approvals for XLM, DOT, and HBAR are still pending with the US CFTC.

Kalshi now offers perpetuals trading for Bitcoin and 12 altcoins. Notably, Shiba Inu perpetual contact is listed as KSHIB, with a max leverage of 2x. The perpetuals are CFTC-regulated and don’t have an expiration date.

The approvals came despite CME Group’s lawsuit against the US CFTC and Chairman Mike Selig, alleging these contracts are swaps. The SEC and CFTC are requesting public comments to clarify and harmonize definitions of derivatives products, especially swaps.

Kalshi Launches ZEC, NEAR, SHIB, DOGE Perps

Will Prices Rebound amid CFTC Approvals?

ZEC price jumped more than 2% to $421, but pared gains amid latest crypto liquidations. The price is currently trading at $410.66, with a 24-hour low and high of $409.29 and $425, respectively.

NEAR price has also dropped by almost 3% to $1.93 amid ongoing crypto market crash ahead of the US PCE inflation data and monthly crypto options expiry this week.

Meanwhile, meme coins DOGE and SHIB are falling deeper amid the latest selloff in the global markets amid the tech rout and strengthening US dollar.

If you’re looking to buy the dip in the crypto market across both centralized and decentralized lending models, check out our Best Crypto Loan Platforms of 2026 recommendations list.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.