Kalshi Plans U.S. Launch of Perpetual Futures Trading

Kalshi says it will offer perpetual futures (crypto-linked derivatives without expiry) in the United States with leverage through what it describes as a regulated, institutional-grade trading environment.

Summary

Kalshi said it plans to launch perpetual futures (crypto-linked derivatives without expiry) in the United States, giving users a way to trade future asset prices with leverage. The announcement frames the product within a regulated, institutional-grade trading environment, which is notable because perpetual futures are widely used in digital asset markets for leveraged exposure and continuous trading without a fixed settlement date.

Terms & Concepts
  • Perpetual futures: Derivatives contracts with no expiration date, commonly used in crypto markets to trade price movements with leverage.
  • Leverage: Borrowed exposure that lets traders control larger positions with less capital, increasing both potential gains and losses.
  • Derivatives: Financial contracts whose value is based on an underlying asset, index, or benchmark rather than direct ownership.