US stock perpetuals cleared, but market halts can still block exits
US stock perpetual futures have won regulatory clearance, but trading halts in the underlying equity market can still prevent holders from closing positions. Kalshi's scheduled closures and Coinbase's September 2026 proposal illustrate that a contract with no expiry does not guarantee an available exit trade. Traders should note that perpetual equity products carry halt and liquidity risk that differs from standard crypto perpetuals.