🚨 Kalshi is taking new action again!
This time, it’s targeting US stock indexes and copper—are perpetual contracts expanding rapidly?
Group:
点击进入玖玖的粉丝群On August 18, Kalshi submitted two new perpetual contracts to the US Commodity Futures Trading Commission (CFTC): US500 and COPPERPERP. One tracks the US large-cap stock index, and the other tracks spot copper.
🔥 Why is this move worth watching?
US500 tracks the MerQube US large-cap stock index, not the S&P 500 itself. COPPERPERP is based on spot copper and provides price data through the Pyth Network. Both products are cash-settled, involve no physical delivery, and are planned to offer trading hours close to around-the-clock.
This means Kalshi is rapidly expanding its coverage of perpetual products.
From Bitcoin originally, to other digital assets later, and then to gold, silver, and platinum—now it has expanded again to US stock indexes and industrial metals. In less than three months, the scope of product coverage has clearly expanded.
📊 Even more importantly, US500 may have greater strategic significance.
Because stock indexes are one of the core assets in traditional financial markets, and perpetual contracts themselves continuously track prices. If products like these can be successfully rolled out, Kalshi is essentially trying to combine the traditional index-trading model with this new contract structure of perpetuals.
Kalshi previously mentioned that artificial intelligence and data center construction are driving copper demand, so copper itself has strong industrial logic. But this expansion is not without controversy.
The Chicago Mercantile Exchange Group (CME) has already launched legal challenges against Kalshi’s perpetual contracts. The core dispute is whether these products should be treated as futures or regulated as swaps.
Click the profile picture to watch the livestream + join the Jiujiu chat group to get daily strategies 🚀
#Kalshi #us500 #铜