KALSHI LAUNCHES FIRST US PERPETUAL FUTURES

Kalshi's perpetual futures will operate as fully regulated products overseen by the Commodity Futures Trading Commission, distinguishing them from unregulated offerings available on offshore platforms. Perpetual futures contracts allow traders to maintain long or short positions indefinitely without expiration dates, unlike traditional futures that settle on specific dates. The contracts typically use funding rates to keep the derivative price aligned with the underlying asset. The announcement positions Kalshi as a regulated alternative to crypto exchanges that have historically dominated perpetual futures trading. Kalshi previously made headlines for offering event contracts tied to elections and economic indicators. The CFTC approval represents a regulatory shift toward bringing perpetual futures into the mainstream U.S. derivatives market. Details on launch timing and specific contract offerings were not immediately disclosed.