Polymarket Perps are perpetual contracts on assets like SP500, BTC, GOLD, and NAS100. They trade continuously without expiry and use public market data for prices, funding, and open interest.

Live prices, funding, and trading activity come from the public Polymarket Perps API. TVL, deposits, withdrawals, and funded-wallet growth come from public Polygon settlement events and the pUSD token balance held by the Perps exchange contract.

We count a wallet on the date of its first-ever pUSD deposit into the Perps exchange contract. A funded wallet does not necessarily mean that wallet traded; it only shows that collateral was credited.

Funding is the periodic payment between longs and shorts. We show the current interval rate and an estimated annualized APR based on each market's funding interval from instrument metadata.

Basis is the gap between mark price and index price. We display it in basis points (bps) so you can see whether the perp is trading at a premium or discount to the index.

This page focuses on market-wide public data. To inspect a specific wallet's open perps positions, use the Wallet Checker Perps tab after entering an address or username.