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Polymarket joins Kalshi in race to launch perpetual futures

Crypto Briefing
Polymarket has announced plans to launch perpetual futures, intensifying competition with Kalshi in the leveraged derivatives market.

Summary

Polymarket has officially announced that it will introduce perpetual futures to its platform, signaling a major expansion into the leveraged derivatives space. The move follows similar plans recently revealed by competitor Kalshi. While details regarding launch timelines, supported assets, and geographic availability remain undisclosed, teaser materials suggest that the platform will offer up to 10x leverage. This strategic shift reflects the growing trend of top prediction markets seeking to capture interest in perpetual futures, a cornerstone of crypto speculation due to their non-expiring nature and high-leverage capabilities.

(Source:Crypto Briefing)