Polymarket Launches Perpetual Futures with Up to 20x Leverage

Polymarket officially launches perpetual futures with up to 20x leverage

Polymarket has officially rolled out Polymarket Perps, a full perpetual futures product that lets users go long or short on cryptocurrencies, equities, commodities, and indices with leverage up to 20x. The September 3 launch extends the prediction-market giant beyond binary event contracts into leveraged derivatives trading, following a preliminary rollout on July 9 that covered assets such as Bitcoin, Ethereum, gold, and the S&P 500. Contracts are available to eligible international users, with U.S. customers remaining restricted.

The expansion puts Polymarket in direct competition with derivatives CEX and rival prediction platforms, combining its prediction-market infrastructure with on-chain settlement for leveraged positions. The platform now supports speculation on everything from crypto prices to oil and stock indices under one roof — a notable step in its evolution from an event-betting marketplace into a broader multi-asset trading venue.

See Polymarket Perps: https://polymarket.com/perps

AKE shows suspicious manupilation on Binance Futures

AKE, a token listed via Binance Alpha whose perpetual has traded on Binance Futures with leverage up to 50x, left short sellers extremely vulnerable. Against a thin, low-cap market, shorts were forced to cover into a rapidly rising price, which accelerated the move higher and made liquidation almost inevitable for leveraged bearish positions.Between the afternoon of September 2 and the evening of September 3 (UTC), the price of AKEDO (AKE) exploded from ＄0.0076 to an intraday high of ＄0.044859 on the AKEUSDT perpetual contract — roughly a 6x move in about eight hours. The surge ended in a violent squeeze: in the final seven minutes the price doubled again from ＄0.022432 to ＄0.044859, triggering cascading short liquidations.

The episode is a reminder that arbitrage between Binance Alpha and the Binance perpetual contract carries huge risk. During a squeeze, the spread between the two markets can widen sharply, funding can swing violently, and liquidation cascades can make seemingly low-risk basis trades extremely dangerous.

See Binance AKEUSDT perpetual: https://www.binance.com/en/futures/akeusdt

Jupiter launches Universal Deposit for one-click cross-chain deposits into Solana

Jupiter, the Solana ecosystem's leading DEX aggregator, has introduced Universal Deposit, a feature that lets users send tokens from any supported chain and receive USDC directly in their Solana wallet. Routing, bridging, and swapping are handled automatically in the background, eliminating the need for bridge apps, network switching, or extra transactions. Deposits are currently supported from Ethereum, Base, Arbitrum, and Sui, and the service charges a flat fee of ＄0.30 whether the user sends ＄100 or ＄10 million.The launch is a direct attempt to remove friction from cross-chain onboarding into Solana: instead of managing multiple bridge interfaces and token conversions, users simply send funds from the wallet they already use and receive spendable USDC on Solana. For Jupiter, Universal Deposit reinforces its position as the primary entry point into the Solana ecosystem, while for users it collapses a multi-step bridging workflow into a single transaction. "All roads lead to Solana," the team said in its announcement.

See announcement: https://x.com/JupiterExchange/status/2095161972274999712

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All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control.

• Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
• Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
• Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.