Kalshi Files for PEPE Perpetual Futures With CFTC, Withdraws Two Days Later
- —KalshiEX filed with the CFTC for KPEPEPERP perpetual futures on PEPE
- —The contract is cash-settled, with no expiration and no token delivery
- —The filing was withdrawn on October 1 for undisclosed reasons
- —PEPE dropped 3% in 24 hours to $0.00000435, with volume down over 20%
Why it matters: The withdrawal signals that prediction markets remain cautious about meme coin derivatives despite listing DOGE and SHIB products.
Source: CoinGape