Kalshi launches perpetual futures contract on US 500 stock index

Kalshi has launched a new perpetual futures contract linked to its US 500 index. The product allows traders to maintain positions indefinitely without needing to roll over contracts, marking a key expansion move for the financial exchange platform.

The contract is designed to provide direct stock market exposure. According to the company's CEO, the offering enables traders to leverage both long and short positions on the underlying stock index, broadening investment options for market participants.