The Kalshi Perps Boom Is Reshaping Growth Investing

Lucas and Luna explore how Kalshi's new perpetual futures contracts (perps) crossed $1 billion in volume within a week of launch, and what this means for growth stock investors. They discuss prediction markets as a new asset class, the potential for increased volatility in growth names as speculative capital rotates, and how platforms like Kalshi and Polymarket are forcing traditional finance to pay attention. Using recent market data showing a broad growth stock selloff — with CrowdStrike down nearly 14%, Cloudflare off 11%, and Datadog losing 9% over the past five days — they examine whether perps are drawing liquidity away from tech stocks or simply reflecting a shift in risk appetite. Lucas offers a framework for thinking about prediction market derivatives as both a hedging tool and a speculative outlet, while Luna questions whether retail investors should participate. The episode closes with a reflection on how innovation in financial infrastructure often arrives from unexpected places. #Kalshi #PredictionMarkets #PerpetualFutures #Perps #GrowthStocks #CrowdStrike #Cloudflare #Datadog #RetailInvesting #Derivatives #Speculation #FinancialInnovation #MarketStructure #Volatility #RiskManagement #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo