Polymarket, the prediction market platform that rose to fame during the 2024 presidential election, opened its perpetual futures product to traders on September 3, extending a platform built around yes-or-no election and sports bets into leveraged derivatives.

The new offering, called Perps, launched with an initial 10 markets—Bitcoin, Ethereum, Solana, HYPE, gold, silver, WTI oil, the S&P 500, the Nasdaq 100 and a contract tracking SpaceX shares—before expanding to 67 within hours, according to Polymarket’s product page. Polymarket first teased the feature in April with a 10x leverage cap.

Perpetual futures work nothing…