Polymarket just dropped perps trading 👀
The prediction market giant now offers contract trading with up to 20x leverage on 10 assets:
Crypto: $BTC $ETH $SOL $HYPE
TradFi: Gold, Silver, SP500, NAS100, WTIOIL, SPCX
Polymarket expanding beyond prediction markets into full degen territory. They're clearly not satisfied with just being the biggest decentralized betting platform.
Question is: will this fragment their user base or create a new trading hub? 20x leverage on prediction market infra is... interesting.
Keep an eye on volume migration from other perp DEXs.
The prediction market giant now offers contract trading with up to 20x leverage on 10 assets:
Crypto: $BTC $ETH $SOL $HYPE
TradFi: Gold, Silver, SP500, NAS100, WTIOIL, SPCX
Polymarket expanding beyond prediction markets into full degen territory. They're clearly not satisfied with just being the biggest decentralized betting platform.
Question is: will this fragment their user base or create a new trading hub? 20x leverage on prediction market infra is... interesting.
Keep an eye on volume migration from other perp DEXs.