News for hackers. Stuff that matters.
Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by tmansour on Tuesday November 22, 2022 @05:49PM (#33712675)
It's 25k downside exposure limit (doesn't mean your upside is capped at 25k).

Also even if you can't hedge the exposure in its totality, it is still worth hedging a fraction of it. "Under-hedging" is a common term in commodities markets - people often want to cover a portion of their exposure and leave the rest in the hands of mother nature.

Re:Launch HN: Kalshi (YC W19) – A regulated exchange for tra... by renewiltord on Tuesday November 22, 2022 @06:00PM (#33712771)
Useful to know.