Polymarket Launches Perpetual Futures With Up to 20x Leverage

Polymarket built its name as a decentralized prediction market, allowing users to trade on the outcomes of political, economic and public events. Its move into perpetual futures broadens the business beyond event-probability pricing into leveraged exposure to cryptocurrencies, US equities and commodities, putting the platform in more direct competition with established derivatives venues.

Polymarket has launched Polymarket Perps, offering perpetual contracts linked to cryptocurrencies, US stocks and commodities including gold and crude oil, with leverage of up to 20 times. Deposits, withdrawals and settlement run through the Polygon blockchain, while the ERC-20 token pUSD serves as margin collateral, marking the platform’s expansion into a broader multi-asset derivatives business.