Bybit has launched perpetual futures trading for Polymarket (POLYMARKETUSDT).

DeFi & Yields · 2026-09-23

Bybit has launched perpetual futures trading for Polymarket under the ticker POLYMARKETUSDT, enabling traders to take leveraged long or short positions on the prediction market platform's estimated valuation ahead of any public listing. The contract offers up to 10x leverage, USDT settlement, and 24/7 trading with a fixed funding rate of 0.005% every 4 hours during the pre-IPO phase. Polymarket's valuation has risen from approximately $8 billion following Intercontinental Exchange's announced $2 billion investment in October 2025 to an estimated $13–15 billion by September 2026. No IPO has been confirmed.

Previously on Telem

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