Perp DEX volume share, live 24h notional ranked
TradingJupiter Perps
Trails$290.60M
- p99
- $353.45M
- rank
- #12
- samples
- 2,876
Kalshi
Leads$1.45B
- p99
- $1.56B
- rank
- #5
- samples
- 2,876
24h perp volume
Jupiter Perpsn/aKalshin/a
Jupiter Perps vs Kalshi
Jupiter Perps leads on 1 of 3 shared benchmarks, Kalshi on 2. Jupiter Perps wins on Perp DEX volume to open interest (3.21x vs 40.5x). Kalshi wins on Perp DEX volume share, live 24h notional ranked ($1.45B vs $290.60M), Most tradable markets on a perp DEX, live count per venue (21 vs 3). Data as of 2026-09-23 UTC.
Jupiter Perps
Solana swap aggregator. REST APIs for quotes, swap routing, price, and token lists across Solana DEXs.
Kalshi
CFTC-regulated US prediction market exchange. REST trade API (trade-api/v2) with documented per-tier rate limits; the market data WebSocket requires authentication.
Side by side measurements
Most tradable markets on a perp DEX, live count per venue
TradingJupiter Perps
Trails3
- p99
- 3
- rank
- #22
- samples
- 2,876
Kalshi
Leads21
- p99
- 22
- rank
- #20
- samples
- 2,876
Active markets
Jupiter Perpsn/aKalshin/a
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingJupiter Perps
Leads3.21x
- p99
- 3.90x
- rank
- #18
- samples
- 2,876
Kalshi
Trails40.5x
- p99
- 43.6x
- rank
- #22
- samples
- 2,876
Volume / OI (24h)
Jupiter Perpsn/aKalshin/a
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Frequently asked questions
Jupiter Perps vs Kalshi: which one is better?
Jupiter Perps and Kalshi are compared on 3 shared OpenChainBench benchmarks. Jupiter Perps leads on Perp DEX volume to open interest. Kalshi leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
Which has the lower volume / oi (24h), Jupiter Perps or Kalshi?
On the Perp DEX volume to open interest benchmark, Jupiter Perps leads at 3.21x versus Kalshi at 40.5x. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, Jupiter Perps or Kalshi?
On the Perp DEX volume share, live 24h notional ranked benchmark, Kalshi leads at $1.45B versus Jupiter Perps at $290.60M. Live measurement is updated continuously by the OpenChainBench harness.
How is the Jupiter Perps vs Kalshi comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Related comparisons
How this pair was selected
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.