00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Perpetual futures trading is gaining traction in the U.S. as prediction markets Kalshi and
00:07Polymarket explore expansion into leveraged crypto products, according to CNBC. Perpetual
00:13futures, which have no expiration and can offer up to 100 times leverage, have grown rapidly since
00:18Trump returned to office. They were previously largely unavailable in the U.S., which contributed
00:24to the dominance of offshore exchanges like Binance and FTX. Perpetual futures account
00:29for more than 70% of trading volume on centralized crypto exchanges. In 2025, perps volume reached
00:36$61.7 trillion, up 29% year over year, compared with $18.6 trillion in spot trading, which rose
00:439%. Analysts said the move is a natural extension of existing products and a defensive step as
00:50platforms like Robinhood and Coinbase expand into prediction markets. Regulators have historically
00:56resisted perps due to liquidation risks, while the Commodity Futures Trading Commission
01:01is working to bring these products onshore. For all things money, visit Benzinga.com.
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