Perpetual futures: regulatory milestones stopped on 2026-07-08, product launches did not
Cantica recorded seven perpetual futures developments between 7 June and 7 July 2026, all with regulatory language. Then, Binance announced further USD-margined perpetual contracts on traditional finance assets on 16 July and a SpaceX contract on 20 July, and Bitget listed quanto perpetual futures on Hong Kong dollar equities on 21 July.
What changed on 7 July is the kind of announcement. Earlier developments claim regulatory ground: the first Commodity Futures Trading Commission (CFTC) regulated perpetual futures for US clients, the first equity perpetuals platform, a comment request on perpetual contracts referencing crude oil. Later launches expand the asset list and name no regulator. Two dated events sit between them. CME Group asked a federal court on 18 June to vacate the CFTC order approving Kalshi's bitcoin perpetual contract, arguing perpetuals meet the Dodd-Frank definition of a swap.
The CFTC's comment window on perpetual contracts referencing physically delivered energy commodities closes on 27 July.
Developments per week (weeks of Jun 22 – Jul 20): 1 · 1 · 1 · 0 · 0
Data window: 2026-06-07 – 2026-07-21
| Company | What happened | Date |
|---|---|---|
| Ondo Finance / Ondo Global Panama Inc. | perpetual futures platform for equities, ETFs, and commodities | 2026-07-07 |
| MEXC | SpaceX perpetual futures and launchpad products | 2026-06-30 |
| CFTC | public comment on extension of standard futures contracts to 24/7 trading and perpetual contracts referencing physically delivered or storable energy commoditie | 2026-06-22 |
| Kraken | perpetual futures for US clients | 2026-06-15 |
| Haruko | Kalshi perpetual futures exchange | 2026-06-15 |
| Binance | SpaceX perpetual futures market share | 2026-06-13 |
| MEXC | May 2026 Trading Highlights report | 2026-06-12 |