"Polymarket's expansion into leveraged perpetual futures trading represents a significant evolution for the platform, which initially gained prominence through binary outcome trading on events like elections and sports."
"The new interface offers tools for both long and short positions on assets such as bitcoin, Nvidia, and gold, allowing users to trade with leverage ranging from 7x to 10x."
"Perpetual futures do not have an expiration date, enabling users to maintain their positions indefinitely, which contrasts with binary contracts that settle upon the conclusion of specific events."
Polymarket has expanded its offerings to include perpetual futures trading for cryptocurrencies and stocks, allowing users to trade with up to 10x leverage. This expansion follows the platform's approval from the CFTC to operate as a designated contract market in the U.S. The new trading features include tools for both long and short positions on various assets. Perpetual futures allow users to maintain positions indefinitely, marking a significant evolution for Polymarket, which previously focused on binary outcome trading.
Read at news.bitcoin.com
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