Webull to Launch Kalshi-Listed Bitcoin Perpetual Futures for US Users in November

Webull announced that eligible US customers will be able to trade perpetual futures on its platform starting in November, beginning with Bitcoin and other crypto assets. The derivative contracts will trade on KalshiEX LLC and settle through its Commodity Futures Trading Commission-regulated clearinghouse, Kalshi Klear LLC. Initial access will be restricted exclusively to Webull customers already approved for futures trading, utilizing their existing accounts. Perpetual futures differ from standard futures by never expiring, instead using periodic funding payments to keep the contract price close to the underlying asset. Webull explicitly warned that customer positions face automatic liquidation if margin drops below the maintenance level. "Perpetual futures have become a significant part of global derivatives markets, with annual volume reaching more than $90 trillion in 2025." — Anthony Denier