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Polymarket Launches Perpetual Futures With Up to 20x Leverage

Source
JH Kim

Summary

  • Polymarket said it has launched a perpetual futures trading service tied to cryptocurrencies, stocks and commodities.
  • Polymarket launched its perpetual futures service, Perps, with support for up to 20x leverage.
  • Users can use leverage to trade price moves in a range of assets without directly holding the underlying asset.

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Prediction-market platform Polymarket has launched perpetual futures trading tied to cryptocurrencies, stocks and commodities.

Polymarket on September 3 announced its perpetual futures service, called Perps, with leverage of up to 20x.

Users can place leveraged trades on price moves across a range of assets, including cryptocurrencies, stocks and commodities.

Perpetual futures are derivatives contracts with no expiration date, allowing users to trade price movements without directly holding the underlying asset.

Photo: Shutterstock
Photo: Shutterstock
#Leverage
#Futures Market
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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