NewsMeter
Twenty times is the leverage ceiling on Polymarket's new perpetual futures product, Perps, which opened to traders on September 3 and scaled from 10 launch markets to 67 within hours.
The math on downside is direct: maintenance margin sits at half the maximum leverage rate, so a fully leveraged 20x position can be liquidated after losing roughly 2.5% of posted margin.
American users, along with those in Canada and several sanctioned jurisdictions, cannot place orders.
Mechanics and market coverage Perps work differently from the yes-or-no event contracts that gave Polymarket its profile during the 2024 presidential election.
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