Story thread · 12 reports / 9 sources

Polymarket Just Entered a $90 Trillion Market — Where a 5% Move Can Wipe You Out

247wallst.com · 8dShare

Financial markets are increasingly turning price movements themselves into tradable products. Perpetual futures, or “perps,” have become one of the biggest examples, with global trading volume exceeding $90 trillion in 2025, according to estimates cited by Kalshi and reported by Reuters. Unlike traditional futures, perps never expire, allowing traders to maintain long or short positions […]

First report: Polymarket rolls out perps trading with up to 20x leverage — cryptobriefing.com, 11d