Bitget has introduced a USDT-settled perpetual contract tied to Polymarket's IPO pre-market activity, allowing traders to take leveraged positions around the market. The contract is available 24/7 and offers leverage of up to 20x, which can magnify both gains and losses. The launch adds to exchange-based derivatives linked to Polymarket, a decentralized prediction market where users trade on the outcomes of events. Bybit had previously launched a separate POLYMARKETUSDT perpetual contract; that product was reported at $0 with no trading volume shortly after its launch.