D8X will launch a leveraged trading tool for Polymarket contracts, scheduled to go live in August.

Sep 11, 2024 23:10:14

according to Coindesk, the decentralized trading platform D8X is working on building a contract market that allows users to leverage trade Polymarket contracts.

The system operates through a mechanism that uses oracles to obtain spot prices from Polymarket, similar to the traditional perpetual contract method that uses commodity prices. D8X has not yet determined the specific date for the mainnet launch of leveraged prediction market trading, but Sauter stated that the goal is to go live in August.

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