Kalshi files with the U.S. Commodity Futures Trading Commission (CFTC) to launch perpetual futures. The proposed contracts are described as “perps,” designed to track underlying benchmarks rather than having a standard expiration date.
According to the filings, Kalshi seeks approval for perps tied to two references: the MerQube US Large Cap Index (a large-cap U.S. stock benchmark) and copper, based on its spot price. Quartz and The Block both report the same core elements of the submission—perpetual futures linked to a U.S. stock index and copper.
The outlets emphasize different aspects of the same plan. The Block focuses on the specific index name and the fact that the launch is tied to both equities and a commodity. Quartz highlights the broader connection to U.S. stock indexes and clarifies that copper exposure is linked to the spot price. Both accounts frame the filing as a step toward obtaining CFTC authorization before the products can be offered.
