Kalshi Files to Launch Perpetual Futures on Equity Indexes

Kalshi has submitted a regulatory filing to introduce perpetual futures contracts tied to equity indexes. The proposed US500 product tracks the MerQube U.S. Large Cap Index. The move signals an attempt by the prediction market platform to compete directly with traditional financial exchanges. Perpetual futures allow traders to maintain positions without a fixed expiration date, a structure common in crypto markets but less prevalent in regulated U.S. equity derivatives. Market participants are monitoring the regulatory approval process for the introduction of these perpetual products.