Kalshi Seeks Approval for Regulated Oil Perpetual Futures Contract

Kalshi is planning to seek regulatory approval for a West Texas Intermediate crude oil perpetual futures contract, which would trade 24 hours a day, five days a week.

This proposed contract could be filed with the Commodity Futures Trading Commission as soon as next week and would be the first oil-linked perpetual futures contract available through a regulated U.S. platform.

The structure of perpetual futures is similar to those commonly used in cryptocurrency markets, where traders can maintain leveraged positions without dealing with fixed contract expiration dates.