Kalshi Inc. has filed a proposal with the Commodity Futures Trading Commission for an oil-linked futures contract that never expires. The filing was made on Wednesday, October 7, 2026. The product would represent a new contract structure for the regulated prediction market platform.

A never-expiring oil contract would expand Kalshi's product suite into perpetual-style commodities, a format popular in crypto derivatives but novel among CFTC-regulated event contract platforms. Approval could open a path for similar non-expiring instruments at competing venues.