Kalshi Launches Stock-Index Perpetual as Prediction Markets Push Into Traditional Finance
- —Contract tracks the US 500 index of 500 largest U.S. companies
- —Launch follows an August regulatory filing for equity-index perpetuals
- —No expiration date, but funding payments flow between longs and shorts
- —Polymarket launched perpetuals on Sept. 3 with leverage up to 20x
Why it matters: Prediction markets are moving beyond event contracts and into direct competition with traditional derivatives exchanges.
Source: DeFi Rate