๐Ÿ—“ Monthly Report

State of Kalshi BTC 15-Minute Markets

DegenHedge Research  ยท  One short report a month, every figure with a CSV row
What this is

A monthly read on Kalshi's Bitcoin 15-minute markets (KXBTC15M): how many windows settled, how much traded, how often Up won, how far Bitcoin moved from the strike, how well the ask matched outcomes, and how our own graded feed did, losses included. Built from Kalshi's public API and our published log.

Editions

September 2026

State of Kalshi BTC 15-Minute Markets: September 2026

Kalshi's Bitcoin 15-minute markets in September 2026: 2,848 windows, 6.75 billion contracts (up 22.6% on August 2026), Up 50.18%, median move $64.63. Every figure has a CSV row.

For the full-year studies behind these numbers, see Research. To work out the fee and breakeven on a specific contract, use the Kalshi fee calculator.