UFO Holdings

A newsletter about markets and the face of UFO Holdings: a worldview-driven investment firm backing builders on the frontiers of the New Economy.

By Adhi Rajaprabhakaran

Articles

Forever and ever

Perpetual futures have landed in America… and have the potential to re-orient finance as we know it
Jun 13 • Adhi Rajaprabhakaran

A new chapter 🛸

Beyond prediction markets
May 27 • Adhi Rajaprabhakaran

Steal from the rich, give to the poor

Trading data reveals a case-study in platform risk and the true distribution weight of Robinhood
Mar 15 • Adhi Rajaprabhakaran

I lost $30k after misunderstanding Kalshi's void rules. Here's how to fix them.

Sep 12, 2025 • Chris Dierkes

Minimum Viable Liquidity

Feb 24 • Adhi Rajaprabhakaran

Actually, the price is the product

Dec 24, 2025 • Adhi Rajaprabhakaran

So you want to break into the prediction market industry…

Dec 1, 2025 • Noah Zingler-Sternig

Parlays won’t scale until prediction markets solve this microstructure problem

Aug 27, 2025 • Adhi Rajaprabhakaran

Regulatory greenfield

Feb 17 • Adhi Rajaprabhakaran

Prediction markets don’t bend reality

Feb 3 • Adhi Rajaprabhakaran

Inside Job

Jan 24 • Adhi Rajaprabhakaran

My favorite Kalshi market was deeply flawed

Dec 31, 2025 • Adhi Rajaprabhakaran

Numbers aren't events

Dec 11, 2025 • Adhi Rajaprabhakaran

I was wrong

Nov 10, 2025 • Adhi Rajaprabhakaran