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Polymarket to Launch Perpetual Contracts for Leveraged Prediction Market Trading

According to CoinDesk, Kalshi is preparing U.S. crypto perpetual contracts after margin approval, while Polymarket also plans to enter perpetual futures; a separate brief says Solana is absent from the segments discussed.

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Fact Check
The strongest evidence is the Odaily item titled 'Polymarket 预告将上线永续合约功能', which directly states that Polymarket will launch perpetual contracts and that early access registration is open, while also pointing to an official Polymarket X post as its source. The SolanaFloor X post independently corroborates that Polymarket announced perpetual futures trading. Although I could not fetch the official Polymarket X post itself because of tool repeat limits, the available evidence is consistent and specific on both key points: launch of perps and early access registration. The CoinDesk X post in the provided links concerns Kalshi, so it is irrelevant rather than contradictory.
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Summary

CoinDesk reported on April 22 that Kalshi is preparing to launch U.S. crypto trading through perpetual contracts tied to Bitcoin and other tokens after gaining approval to offer margin trading. The report also says rival Polymarket plans to launch perpetual futures, showing both prediction-market platforms expanding into crypto derivatives beyond their core event-contract businesses. A separate brief describes both firms as moving into perpetual futures and states that Solana is not involved in the sectors mentioned, though it provides no operational or regulatory details.

Terms & Concepts
  • perpetual contracts: Crypto derivatives that do not expire, allowing traders to maintain positions continuously rather than settling on a fixed date.
  • margin trading: A trading method that uses borrowed funds to increase position size, which can amplify both gains and losses.
  • Prediction market: A marketplace where users trade on the outcome of future events, often using prices as signals of collective expectations.