Polymarket, the platform best known for event-driven prediction markets, has entered the leveraged derivatives arena with a new perpetual futures product that offers up to 20x leverage across four asset classes. The launch, announced September 3 on the company’s official X account, puts Polymarket in direct competition with established derivatives exchanges and marks a significant strategic expansion beyond its roots in outcome-based betting.

The new offering, branded Polymarket Perps, went live with 67 contracts spanning cryptocurrencies, individual equities, major indices, and commodities. Traders can take long or short positions on assets including Bitcoin, Ethereum, Solana, Tesla, Nvidia, the S&P 500, Nasdaq 100, gold, silver, and…