Polymarket Launches Crypto Perps With Up to 20x Leverage

Prediction market platform Polymarket is stepping up its game by launching crypto perpetual futures. The new feature rolled out with a bang, growing from just ten markets to sixty seven on its very first day.

Traders can access up to 20x leverage on select markets, giving them a chance to boost their positions. However, traders based in the United States will miss out on this feature due to current regional restrictions.

This expansion shows how prediction markets are pushing into traditional trading territory. Market watchers will keep an eye on trading volumes and whether other prediction platforms follow this path.