Polymarket Enters Futures Market With 20x Leverage

Polymarket officially opened its new perpetual futures product to the public this Thursday. Users can now trade leveraged contracts on assets including Bitcoin, Tesla, and gold. Unlike its standard prediction markets, these new contracts have no set expiration date.

This move marks a major shift for the platform. By offering up to 20x leverage, Polymarket is stepping directly into competition with established derivatives venues like Hyperliquid. The company built this new product on its existing infrastructure to attract traders looking for more than just event outcomes.

Market watchers are interested to see if Polymarket can pull liquidity away from dedicated derivatives exchanges. Traders should monitor how the platform manages risk and user adoption for these new contracts in the coming weeks.