Polymarket Unveils Perpetual Futures In Time To Beat Kalshi’s Crypto Launch
Polymarket introduced perpetual futures buying and selling on April 21, letting customers go lengthy or brief on prediction markets across the clock.
The announcement arrived simply hours after reviews surfaced that rival Kalshi plans to launch its personal perpetual product, codenamed “Timeless,” on April 27.
Prediction Market Perps Race Heats Up
Polymarket’s new perps feature will permit merchants to take leveraged positions on prediction market outcomes with out ready for a contract to run out.
The platform framed the product as a technique to “go lengthy or brief the markets you already know 24/7,” in keeping with its official announcement.
The timing seems strategic. Kalshi CEO Tarek Mansour teased “Timeless” on April 13 with a cryptic video revealing an April 27 launch date in New York.
Kalshi’s product will also include crypto perpetual futures, placing it in direct competitors with exchanges like Coinbase and Robinhood.
Both platforms have grown aggressively in current months. Prediction market transactions surpassed 192 million in March 2026, an all-time report.
Kalshi, now valued at $11 billion, processes over $100 billion in annualized buying and selling quantity. Polymarket, valued at $9 billion, has seen weekly notional quantity persistently exceed $1 billion via Q1 2026.
The rivalry between the two platforms mirrors a broader shift. Prediction markets more and more resemble TradFi products, and perpetual contracts may speed up that development by attracting institutional-style buying and selling circulation.
Whether Polymarket’s head begin interprets into an enduring benefit might depend upon how shortly each platforms can construct liquidity for his or her new choices.
The publish Polymarket Unveils Perpetual Futures In Time To Beat Kalshi’s Crypto Launch appeared first on BeInCrypto.
