Latest market development: Prediction markets prepare to invade one of crypto’s biggest and riskiest trades.
What You Need to Know
Here are the key details from this alert:
- for perpetual futures, one of the biggest and riskiest parts of the crypto trading world — and prediction markets Kalshi and Polymarketreportedly want a piece of it
- Perpetual futures, better known by users as “perps,” are futures contracts without expiration dates that have seen explosive growth since President Trump returned to office
- Before that, perps — which can offer up to 100x leverage — didn’t really exist in the U
- , a big reason offshore exchanges like Binance and the now defunct FTX grew so dominant
- Today, perps account for more than 70% of all the volume on centralized crypto exchanges, according to CoinGecko
- In 2025, perps trading volume climbed to a nominal $61
- Source: Prediction markets prepare to invade one of crypto’s biggest and riskiest trades
Market Analysis
This development warrants attention from traders and investors across asset classes.
Frequently Asked Questions
Is this news verified?
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Published by Timeout on April 28, 2026. Source: Prediction markets prepare to invade one of crypto’s biggest