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Commodities

Kalshi Seeks Approval for Perpetual Futures Contracts

Instruments
Copper
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Prediction platform Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission for approval to launch perpetual futures contracts on a stock index and copper.

The US500 contract will track the MerQube US Large Cap index, which consists of the 500 largest companies in the United States. The COPPERPERP contract will be tied to the spot price of copper in dollars per pound using the Pyth Network XCU-USD price feed.

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