Kalshi Completes App V2 Rewrite, Significantly Enhancing Performance and Achieving Daily Releases from a Single Codebase
Kalshi has pushed 80% of its mobile code this quarter, with 20% dedicated to launching the first perpetual futures in the U.S. and multiple trading experience upgrades, helping maintain a leading position in the App Store rankings.
The remaining focus was on the V2 rewrite, achieving a significant technical leap after 4,000 commits and 1 million lines of code: CPU peak usage dropped from 369% to 15%, memory usage decreased from 350MB to 70MB, installation package size reduced from 315MB to 95MB, external dependencies decreased from 94 to 11, and test coverage increased from 17% to 100%.
V2 uses a single codebase, supporting end-to-end type safety, CI version deployment, and integration testing, significantly enhancing product iteration speed and user experience.
Source: Public Information
ABAB AI Insight
Kalshi has previously captured market share in the prediction market through rapid iteration of product features. This large-scale V2 rewrite continues its historical path of heavy investment in technical infrastructure to support high-speed growth, similar to the foundational restructuring done by early fintech platforms for scalability.
On the capital front, the team has reduced maintenance costs and resource consumption by streamlining code and dependencies, while the single codebase allows for unified iteration across iOS/Android/backend, accelerating feature launches and attracting top talent, supporting long-term product competitiveness.
Similar to the early performance optimization phases of apps like Robinhood or Coinbase, Kalshi is currently in a transition from feature expansion to engineering excellence to solidify its leading position.
This essentially represents a technological substitution and capital concentration: the foundational rewrite significantly enhances efficiency and maintainability, with capital concentrating on prediction market platforms with strong engineering capabilities, shifting pricing power from merely trading functionalities to a comprehensive infrastructure that combines extreme performance with rapid iteration.
ABAB News · Cognitive Laws
The more thorough the code rewrite, the more exponential the improvement in performance and iteration speed.
The fewer dependencies, the more controllable the system and the lower the costs.
When product speed is high, underlying engineering is the true moat.