Polymarket Unleashes Perpetual Oil Futures Amid Kalshi Regulatory Push
Polymarket has launched perpetual futures across multiple asset classes, including oil, gold, and silver. The new contracts mirror the Brent and West Texas Intermediate benchmarks and never expire, providing traders with built-in leverage and the ability to dial up their exposure.
The oil-linked contracts will trade offshore and are off-limits to US-based users, positioning Polymarket against platforms such as Hyperliquid and Binance for now. Polymarket's oil perpetuals run continuously, while a rival design from Kalshi would operate on weekdays only.
The launch comes after news that Kalshi is seeking approval for its own perpetual tied to West Texas Intermediate. If regulators sign off, it would be the first such contract to list on a regulated US venue.