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Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage

Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage

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.

Myriad: When will Polymarket launch its token? Click to make your prediction.
Myriad: When will Polymarket launch its token? Click to make your prediction.

Perpetual futures work nothing…

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