Kalshi Seeks CFTC Approval for Hyperliquid HYPE Perpetual Futures

Kalshi, a prediction market operator, has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) to launch perpetual futures contracts linked to Hyperliquid's native token, HYPE.

The proposed listing comes after Kalshi introduced Ethereum perpetual futures for U.S. users, expanding its regulated cryptocurrency derivatives offerings in the United States.

Perpetual futures differ from traditional futures as they do not expire and instead use funding payments to keep contract prices aligned with spot markets.