Polymarket opened perpetual futures: the reported figures and who can reach them
According to Decrypt, Polymarket opened its perpetual futures product on 3 September 2026, with leverage up to 20x depending on the asset class and orders barred from the United States. This piece rests on a second-hand report; the company's own announcement could not be reached.
The reported picture
According to the report the product opened on 3 September 2026. It began with ten markets and expanded to 67 within hours. The initial ten: Bitcoin, Ethereum, Solana, HYPE, gold, silver, WTI oil, the S&P 500, the Nasdaq 100 and a contract tracking SpaceX shares.
Leverage varies by asset:
"Polymarket's documentation caps crypto, the S&P 500, oil, gold, and silver at 20x, while individual stocks and other real-world assets—Tesla, Nvidia, Apple and Coinbase among 36 listed equities—max out at 10x."
The funding rate is also reported as capped at 4% per hour in either direction.
Who cannot reach it matters as much as who can
This is the most concrete part of the report. It says the company's own FAQ bars order placement from the United States, Canada, Cuba, Iran, North Korea, Syria, Crimea, Donetsk and Luhansk:
"None of it reaches Polymarket's American users."
Users in the United States are routed to a separate venue, Polymarket US, which is CFTC regulated.
So "Polymarket launched perps" does not describe the same thing for everyone; the product you reach depends on where you are.
What the numbers mean
Twenty times leverage means a position can be liquidated on roughly a 5% adverse move. A 4% hourly funding cap is not a small figure either: compounded over a day, the cost of holding the position accumulates independently of any price move.
Those two numbers describe the product better than any launch copy.
Risks
Biggest uncertainty The company's own announcement could not be reached; every figure here comes from a single news outlet and was not independently verified.
- This piece is an unverified report. The figures were not confirmed against the company's own announcement; if the report is wrong, every number here is wrong.
- Leverage means liquidation. At 20x a small adverse move closes the position; leverage magnifies volatility, not returns.
- Funding cost accrues regardless of price. Even a correct direction can be undone by the cost of carry.
- Access depends on jurisdiction. A product with the same name is not the same product everywhere.
What was not examined is listed in the data status above.
Sources
This article rests on the sources below. Whether each has a permanent copy is stated next to it.
- #1
SECOND-HAND source: Decrypt's report. Every figure rests on this relay because the company's own announcement could not be reached.
decrypt.co· no permanent copy· no screenshot
Evidence chain: 1 sources
Tweets get deleted, sites go down. Below is whether a durable copy exists for each source.
Sources (1)
- #1
SECOND-HAND source: Decrypt's report. Every figure rests on this relay because the company's own announcement could not be reached.
“Polymarket's documentation caps crypto, the S&P 500, oil, gold, and silver at 20x, while individual stocks and other real-world assets—Tesla, Nvidia, Apple and Coinbase among 36 listed equities—max out at 10x.”
decrypt.co/377483/polymarket-crypto-perpetual-futures- no durable copy: if the source disappears, this claim loses its basis
- no screenshot captured
Correction history
Articles are never deleted, only corrected. Every change appears here.
- Version 2 ·
Quotations
- Version 1 ·
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