Kalshi Brings Regulated Gold and Silver Perpetual Futures to US Markets
Kalshi, a platform for trading crypto perpetual derivatives, has launched gold and silver perpetual futures in the United States. The Commodity Futures Trading Commission (CFTC) authorized Kalshi to list these contracts starting September 10, 2026.
The launch comes after receiving formal authorization from the CFTC, which makes these instruments the first commodity perpetual contracts approved by the federal regulator on U.S. soil. Unlike conventional futures contracts, perpetuals have no set expiration date or physical settlement.
Kalshi's Chief Risk Officer, Udesh Jha, confirmed that the selection of these assets responded to growing demand for inflation-hedging instruments. The platform utilizes a periodic funding rate to balance parity between the contract price and the underlying spot market.
The launch has triggered immediate market reactions in the shares of traditional exchange operators such as CME Group and Cboe Global Markets during Thursday's trading session.