Polymarket Enters Leveraged Derivatives Arena with 20x Perpetual Futures
Polymarket has launched its perpetual futures trading product, Polymarket Perps, offering up to 20x leverage across various assets. The platform went live with 67 contracts covering cryptocurrencies, individual equities, major indices, and commodities.
The new service allows traders to take long or short positions on assets such as Bitcoin, Ethereum, Solana, Tesla, Nvidia, the S&P 500, Nasdaq 100, gold, silver, and WTI crude oil. The platform's fee structure starts at 0.04% for takers and 0.0125% for makers, with rates decreasing as 30-day volume increases.
Polymarket's perpetual futures contracts have no expiration date, and positions remain open as long as a trader's margin holds. The funding rate mechanism periodically shifts payments between longs and shorts to keep contract prices anchored to underlying reference values.