Summary
- Polymarket said it has launched perpetual futures trading service Perps with support for up to 20x leverage.
- Users can use leverage to invest in price swings across a range of assets, including cryptocurrencies, stocks and commodities.
- Perpetual futures are derivatives that let traders invest in price movements without directly holding the underlying asset and without an expiry date.
Forecast Trend Report by Period
Prediction-market platform Polymarket has launched a perpetual futures trading service tied to cryptocurrencies, stocks and commodities.
Cointelegraph reported on Sept. 3 that Polymarket rolled out the service, called Perps, with leverage of up to 20x.
Users can make leveraged bets on price moves across a range of assets, including cryptocurrencies, stocks and commodities.
Perpetual futures are derivatives with no expiration date, allowing traders to bet on price movements without directly holding the underlying asset.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.