Kalshi intends to apply for the launch of WTI crude oil perpetual contracts

The prediction market platform Kalshi is preparing to apply to U.S. regulators to launch WTI crude oil perpetual contracts, possibly seeking approval as early as next week. The proposed contracts will trade 24 hours a day, 5 days a week, and will have no expiration date, allowing traders to maintain leveraged positions without the need for regular rollovers.

If approved by the U.S. Commodity Futures Trading Commission, Kalshi may launch the first regulated perpetual contract product linked to crude oil in the United States. This move is also part of Kalshi's expansion from prediction markets and crypto assets into traditional assets, with plans to cover markets such as metals, stocks, foreign exchange, and interest rates.