As part of a larger push into continuous, leveraged markets for American users, prediction market behemoth Polymarket is expanding its platform beyond event-based trading by adding perpetual futures.
The deployment, which replaced binary prediction contracts with open-ended financial positions, was revealed in an X post on Tuesday. It enables users to sign up for a queue for early access to trade assets, including bitcoin and leveraged stocks.
Contracts linked to actual events, such as elections, sporting events, and geopolitical events, were the foundation of Polymarket’s user base, with positions resolving at the end of the event.
In contrast, perpetual futures never expire. Traders can maintain long or short positions forever, modifying their exposure according to the state of the market rather than predetermined results.
With the introduction of leverage features in the new interface, customers can increase their holdings in commodities like gold and assets like Bitcoin and NVIDIA Corporation.
The action comes after Polymarket was granted permission by the Commodities Futures Trading Commission (CFTC) to function in the US as a Designated Contract Market (DCM).
This classification puts the company in a position to grow its services while adhering to U.S. norms by providing a regulatory channel for delivering derivative products. The eternal product’s structure under current regulations has not yet been fully revealed.
The growth coincides with competitors like Kalshi investigating comparable strategies, indicating a convergence of prediction markets and wider trading platforms.
Source: X.com
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