Kalshi prepares U.S. application for crude oil perpetual contract

  • Kalshi is preparing a U.S. application for a crude oil perpetual contract.
  • The proposed contract would be tied to U.S. crude oil.
  • Market sources disclosed the development on Sept. 2, according to PANews.

Kalshi, a prediction-market platform, is preparing to apply in the United States for a crude oil perpetual contract, according to market sources cited by PANews on Sept. 2. A perpetual contract is a derivative without a fixed expiration date, allowing positions to remain open subject to platform rules and funding mechanisms.

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