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Polymarket Unveils Perpetual Futures In Time To Beat Kalshi’s Crypto Launch

BeInCrypto
Polymarket has launched perpetual futures trading, strategically pre-empting a similar upcoming product release from its competitor, Kalshi.

Summary

Polymarket has introduced perpetual futures, allowing users to trade leveraged positions on prediction markets 24/7. The announcement came shortly before rival platform Kalshi is scheduled to debut its own product, codenamed "Timeless," on April 27. This move intensifies the competition between the two platforms, both of which are seeing record transaction volumes and significant institutional interest as prediction markets increasingly adopt traditional finance structures.

(Source:BeInCrypto)