September 24, 202410 min read
Prediction Markets Are Hot Right Now
“This is an election perpetual futures contract, allowing users to gain leveraged exposure to an elections market. Unlike traditional crypto assets, an election perp on Helix is a perpetual futures contract that tracks the price of a market on Polymarket. Traders can go long (buy) or short (sell) the election perp with up to 3x leverage, enabling them to take a position on the outcome of elections with amplified exposure,” he explained.
