Gate News, April 21 — Kalshi plans to launch cryptocurrency perpetual futures on April 27, marking a significant expansion into one of the most active sectors of crypto trading.

The platform previously mainly offered event contracts related to sports, politics, and real-world outcomes, and is now entering the derivatives market with perpetual futures (also known as perps).
Perpetual futures are a type of derivative without an expiration date, allowing traders to hold positions long-term as long as their accounts have sufficient funds.
These contracts also feature built-in leverage, enabling users to gain larger exposure with less capital, though this also increases the risk of rapid losses.
According to CoinGecko data, last year’s annual trading volume of perpetual futures on centralized crypto exchanges reached $86.2 trillion, a 47% increase over 2024.
The U.S. Commodity Futures Trading Commission (CFTC) chairman recently stated that the agency hopes to incorporate such products into its regulatory oversight as soon as possible.
Kalshi earlier this month obtained a margin trading license and announced on April 21 a partnership with ProCap Financial (NASDAQ: BRR) to integrate real-time event contract data into ProCap Insights, marking Kalshi’s first time providing data to a financial research firm that offers paid subscription services.