Kalshi and Polymarket announce the launch of perpetual contract trading, accelerating their entry into the derivatives market platform

Mars Finance reports that, according to CoinDesk, the prediction market platform Kalshi is preparing to launch a cryptocurrency trading business in the United States, expanding beyond its core prediction market operations.
According to insiders, the platform plans to initially launch perpetual contracts linked to cryptocurrencies such as Bitcoin.
This move will position Kalshi in closer competition with crypto platforms like Coinbase.
Currently, Coinbase does not offer true perpetual contracts in the U.S., but has launched long-term “perpetual-style” futures contracts and has expressed interest in introducing more advanced derivative products within the U.S. market.
Kalshi already holds multiple licenses from the U.S. Commodity Futures Trading Commission (CFTC) and has recently been approved to offer margin trading, giving it the conditions to enter the derivatives market.
Sources say the company expects to start with crypto-linked perpetual contracts and may expand this model to other asset classes in the future.
Kalshi’s competitor Polymarket also announced plans on X to launch perpetual futures on its platform but did not disclose further details.
A video in the tweet shows that users can leverage long and short positions on assets such as gold, NVIDIA, BTC, and AAPL, and states that registration grants early access.