web3 : Kalshi Applies to Launch Copper Price Perpetual Futures Contracts
Coinpaper
08-20 04:02
Ai Focus
Kalshi applies to the US CFTC for the launch of copper price perpetual futures, continuing to expand from predictive markets into derivatives business.
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Kalshi 正把业务从事件预测市场进一步扩展到衍生品领域。该公司已向美国商品期货交易委员会提交申请,计划推出与铜现货价格挂钩的永续期货合约,显示其产品线仍在向更广泛的交易市场延伸。

合约拟跟踪铜现货价格

根据 8 月 18 日提交的文件,这份名为 COPPERPERP 的合约将以美元/磅计价,跟踪铜的现货价格。价格数据拟来自 Pyth Network。Pyth 是一家基于区块链的市场数据提供商,汇集交易所、做市商及其他金融机构的报价。

与传统期货不同,永续期货没有到期日,交易者不需要在合约到期后换仓,可以持续持有头寸。Kalshi 在文件中表示,这份铜价永续合约将采用现金结算,不涉及实物铜交割。多头与空头之间还会进行定期资金支付,以帮助合约价格贴近标的铜价。

继续扩展永续合约业务

这项申请显示,Kalshi 正继续突破原有的事件型预测市场边界。就在不到一周前,华盛顿州一名法官下令该公司停止在当地提供体育、选举、政治等事件押注产品。

报道提到,美国 CFTC 已在今年 5 月批准 Kalshi 提供比特币永续期货。这也推动该平台加快进入更广泛的衍生品市场。竞争对手 Polymarket 此前也表示,计划推出永续期货产品,并提到 Nvidia、Coinbase 等相关标的。

铜是成熟的大宗商品标的

铜广泛用于电网、建筑、电动车、电子产品,以及支持 AI 数据中心建设的基础设施,因此一直是全球工业体系中的关键金属。由于需求覆盖制造业与科技基础设施,铜价本身已是全球期货市场的重要交易品种。

目前,芝商所旗下 COMEX、伦敦金属交易所和上海期货交易所都提供活跃的铜期货交易。Kalshi 此次若获批,将把永续合约结构引入这一成熟的大宗商品市场。

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