Polymarket and Kalshi Enter Perpetual Futures Market

Prediction market platforms Polymarket and Kalshi announced expansions into perpetual futures trading this week, marking a shift toward continuous derivatives offerings that could broaden their appeal to cryptocurrency and asset speculators.

Polymarket revealed the development on April 21, 2026, through a post on X, formerly Twitter, stating that users would soon access perpetual futures with up to 10x leverage. The platform's teaser video highlighted trading on assets including Bitcoin, stocks such as Nvidia and Coinbase, and real-world commodities like gold and silver. "We price the future. Now you can lever it. Perps are coming to Polymarket," the announcement read, inviting sign-ups for early access. Details on the exact launch date, supported assets, and availability for U.S. or international users remain unclear, though the platform operates primarily outside the U.S. due to regulatory constraints.

Hours earlier, reports indicated that rival Kalshi plans to launch its perpetual futures product, codenamed Timeless, on April 27. The CFTC-regulated exchange, based in New York, aims to introduce contracts tied to cryptocurrency prices, such as Bitcoin, without expiration...