Polymarket Unveils Perpetual Futures for Crude Oil, Equities, and Cryptocurrencies

Polymarket has expanded its offerings beyond prediction markets by introducing perpetual futures contracts tied to various assets, including crude oil, cryptocurrencies, equities, and commodities. The platform's new products support 24/7 trading with leverage of up to 20x.

The launch follows Polymarket's April announcement of a derivatives expansion plan, which included the introduction of perpetual futures but did not specify whether crude oil would be among the tradable assets.

Interest in perpetual futures has been growing, particularly during market disruptions such as the Iran conflict, when they were seen as a tool for responding to price movements outside traditional market hours.