Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage
60-second summary
Polymarket launches crypto perpetual futures, expanding from ten to sixty‑seven markets on day one, with up to 20x leverage available on select contracts while excluding U.S. participants. The rapid rollout signals growing demand for leveraged prediction products, potentially boosting trading volume and attracting non‑U.S. liquidity, which could intensify competition among decentralized derivatives platforms.
The prediction market platform's new Perps product scaled from 10 markets to 67 on its first day—though the 20x leverage ceiling only applies to some of them, and none of it reaches U.S. traders.