Comparison · updated July 2026

OG vs Kalshi

OG and Kalshi are two of the most discussed prediction market platforms in the US. Here's a side-by-side look at how they compare on the factors that actually matter for traders.

Editorial disclosure. HunchMarkets may earn a commission when readers sign up via our links. Our rankings, ratings and methodology are decided independently of commercial relationships.

OG

3.5/5

Onchain event markets platform.

Onchain traders DeFi / offshore

Visit OG

Kalshi

4.7/5

The first CFTC-regulated event contract exchange in the United States.

Regulated US event contracts CFTC-regulated

Visit Kalshi

Rating

3.5

Kalshi

4.7

Best for

Onchain traders

Kalshi

Regulated US event contracts

Regulation

DeFi / offshore

Kalshi

CFTC-regulated

US availability

Restricted

Kalshi

Available

Fees

Onchain fees + spread

Kalshi

Up to 2% per trade

Mobile

Good

Kalshi

Excellent

Markets

Politics, Crypto, Culture

Kalshi

Politics, Economy, Sports, Weather, Culture, AI, Financial events

Payment

Kalshi

ACH, Debit card, Wire transfer

Founded

Kalshi

2018

Category	OG	Kalshi
Rating	3.5	4.7
Best for	Onchain traders	Regulated US event contracts
Regulation	DeFi / offshore	CFTC-regulated
US availability	Restricted	Available
Fees	Onchain fees + spread	Up to 2% per trade
Mobile	Good	Excellent
Markets	Politics, Crypto, Culture	Politics, Economy, Sports, Weather, Culture, AI, Financial events
Payment		ACH, Debit card, Wire transfer
Founded		2018

Verdicts

Who wins, category by category

Best overall

Kalshi

Higher composite rating across our methodology.

Visit Kalshi

Best for beginners

Kalshi

Cleaner onboarding and a more polished consumer experience.

Visit Kalshi

Best for regulation

Kalshi

Operates as a CFTC-designated contract market.

Visit Kalshi

Best for liquidity

OG

Deepest order books on headline markets.

Visit OG

Best for market variety

Kalshi

Wider catalogue of available event contracts.

Visit Kalshi

Final take

Should you choose OG or Kalshi?

Kalshi comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose OG for onchain traders, and Kalshi for regulated us event contracts.

Visit OG Visit Kalshi

Risk warning. Event contracts are financial instruments. You can lose your full premium. Trade only where legally permitted in your jurisdiction. This is not investment, legal or tax advice.