Kalshi launches perpetual futures tied to US 500 stock index

What happened: Kalshi launched perpetual futures tied to its US 500 stock index, which comprises 500 of the largest US companies. The contracts have no expiration date, so traders can hold positions indefinitely without rolling over contracts. Key numbers: Kalshi filed plans for Why it matters: Kalshi is best known for event contracts such as elections and sporting contests. The product lets investors take leveraged long or short positions on the stock index, with periodic funding payments between long and short holders intended to keep the contract price aligned with the underlying index.

Kalshi launches perpetual futures tied to US 500 stock index.

Kalshi launches perpetual futures tied to US 500 stock index. — impact context not separately stored; see What changed.