🚨 Polymarket Launches Perpetual Futures with 20x Leverage
Prediction market giant Polymarket has officially launched Polymarket Perps, a perpetual futures platform. The service debuted with 10 markets and quickly expanded to 67 assets, including Bitcoin, Ethereum, Solana, and various stocks and commodities.
Traders can access up to 20x leverage on crypto assets and major indices like the S&P 500, while individual stocks like Tesla and Nvidia are capped at 10x. Unlike traditional prediction contracts, these have no expiration and use an hourly funding rate to track spot prices.
Due to a 2022 CFTC settlement, the service is blocked for users in the United States and Canada. US-based traders are instead routed to Polymarket US, a separate regulated exchange with more limited offerings.
#Polymarket #CryptoNews #Perpetuals #Trading
Prediction market giant Polymarket has officially launched Polymarket Perps, a perpetual futures platform. The service debuted with 10 markets and quickly expanded to 67 assets, including Bitcoin, Ethereum, Solana, and various stocks and commodities.
Traders can access up to 20x leverage on crypto assets and major indices like the S&P 500, while individual stocks like Tesla and Nvidia are capped at 10x. Unlike traditional prediction contracts, these have no expiration and use an hourly funding rate to track spot prices.
Due to a 2022 CFTC settlement, the service is blocked for users in the United States and Canada. US-based traders are instead routed to Polymarket US, a separate regulated exchange with more limited offerings.
#Polymarket #CryptoNews #Perpetuals #Trading