Phantom has rolled out on-chain prediction markets following its integration with Kalshi. This launch provides direct access to prediction markets from within your wallet, without the need to switch apps or link additional services. Since its initial release, this feature has been designed to make entering and exiting positions feel like regular crypto transactions, even though the trades are based on real-world events.
Within the app, users can now enter various prediction contracts with supported crypto assets, monitor moving opportunities in real time, and then execute positions like a regular swap.
Furthermore, the position settlement mechanism is automatic when the market closes. Notifications are also provided to keep users updated without having to constantly monitor the screen. Each market also includes a discussion space, which tends to come alive when volatility starts to pick up.
By teaming up with Kalshi, Phantom adds a different layer to on-chain activity, which until now was mostly about trading assets. The setup also removes the usual extra steps that make prediction markets feel heavy, letting users participate without opening new accounts or moving funds elsewhere.
However, the ease of access is not the only draw. Prediction position representation is handled on-chain, ensuring transaction flow remains aligned with crypto asset ownership principles. Market probabilities are dynamically updated, reflecting changing sentiment as new volumes arrive.
The launch of this feature also demonstrates how crypto wallets are beginning to transcend their storage function. With prediction markets, the financial interaction space is expanding into a more thematic and event-driven space. This transition feels natural, given that crypto users are accustomed to responding to data and opportunities within seconds.
Looking back, on June 20, we reported on the Parallax integration, which expanded cross-border stablecoin payments and strengthened the wallet’s role as a multi-chain platform supporting Solana, Ethereum, Bitcoin, and Sui-based applications.
In mid-February, we also highlighted MoonPay’s integration with Phantom, which allows users to purchase crypto directly inside the wallet using their MoonPay balance.
Even earlier, in late January, support for the Sui network was launched, giving millions of users access to the Sui token and various dApps such as Suilend, Bluefin, Navi, and Aftermath.
