Polymarket (POLS) Launches Perpetual Futures Trading Amid Competition
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowPolymarket announced the launch of trading in perpetual futures contracts, enhancing its offerings as it competes with rival Kalshi, which plans to include crypto trading. Perpetual contracts allow traders to maintain leveraged positions indefinitely, provided they have sufficient funds. Last year, centralized crypto exchanges recorded $86.2 trillion in annual perpetual volume, with a 47% increase from the previous year, according to CoinGecko. This expansion aims to attract traders during a period of slowed cryptocurrency trading activity, potentially revitalizing market engagement.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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