Kalshi and Polymarket Enter the Crypto Race to Launch Perpetual Futures
Bitcoin Magazine
Prediction market platforms Kalshi and Polymarket are competing to launch perpetual crypto futures, marking a significant expansion beyond their traditional event-based trading models.Summary
Major U.S. prediction market platforms Kalshi and Polymarket are entering the crypto derivatives market with the launch of perpetual futures. Kalshi, regulated by the CFTC, plans to debut its "Timeless" product on April 27, while Polymarket has already initiated its own perpetual trading platform to capture market share. This strategic shift allows users to trade crypto assets 24/7 without expiration dates, moving both companies beyond their original event-based binary contract models. The expansion comes as these platforms reach record transaction volumes in 2026, positioning them to compete with established derivatives venues.
(Source：Bitcoin Magazine)