New perp venues: prediction markets, brokers and wallets
As of the September 25, 2026 source check, PerpFinder tracks 7 new perps products from prediction markets, US brokers and crypto wallets: Kalshi, Polymarket, Coinbase, Robinhood, MetaMask, Phantom, trade.xyz. 5 are live and 2 are live with limited access. MetaMask and Phantom send each order to Hyperliquid with a builder code and add a fee.
Kalshi, Polymarket, Coinbase, Robinhood, MetaMask, Phantom and trade.xyz perps: launch date, regulator, access, fees and leverage, each from the primary source.
Who started to offer perps
Prediction markets, US brokers and crypto wallets now offer perpetual futures (perps). Some products run their own regulated exchange. Others send each order to Hyperliquid and add a fee. Each product page uses only the operator documents and regulator pages that PerpFinder opened, and each fact links its source.
The products at a glance
| Product | Status | Entry-tier fee | Maximum leverage | Access |
|---|---|---|---|---|
| KalshiUS-regulated perps on crypto and metals. Approved US users only. Funding every 8 hours. | Live, limited access | Not stated | Up to 6x on BTC (help center) | US users who pass identity checks, by application |
| PolymarketHybrid perps exchange on Polygon from the prediction market. 0.0400% taker. Not for US or Canadian users. | Live | 0.0400% taker, 0.0125% maker (entry tier) | 50x on BTC, ETH, SP500, NAS100 (API); FAQ says 20x | No orders from the US, Canada or listed sanctioned regions |
| CoinbaseUS perpetual-style futures under the CFTC, plus Bermuda-licensed International Exchange perps. | Live | 0.040% taker, 0.020% maker (International, entry tier) | 50x on select International contracts; 10x intraday in the US | US, Canada, most of the EEA (US product); select non-US regions (International) |
| RobinhoodEU-only broker perps on the Bitstamp MTF. 20 contracts, up to 10x. No US brokerage perps found. | Live, limited access | 0.02% Robinhood + 0.02% venue taker fee | 10x on BTC and most crypto; 5x on metals and oil | EU customers of Robinhood Europe; no US brokerage perps found |
| MetaMaskIn-wallet perps that fill on Hyperliquid through a builder code. Entry taker fee 0.1432%. | Live | 0.1432% taker, 0.1144% maker (Rewards levels 1 to 3) | 40x on BTC (support page) | Not for the USA, UK, Ontario, Belgium or US-sanctioned countries |
| PhantomIn-wallet perps that fill on Hyperliquid. 0.095% per trade, isolated margin, equity perps from trade.xyz. | Live | 0.095% per trade (0.05% Phantom + 0.045% Hyperliquid) | Up to 40x (perps page) | Not for the US, the UK or regions under comprehensive US sanctions |
| trade.xyzStock, index and pre-IPO perps that fill on the Hyperliquid order book. Not for US, Canadian or UK users. | Live | 0.090% taker, 0.030% maker (tier 0) | 50x (SP500, JPY, EUR, GBP); 30x on XYZ100 | Not for the US, Canada, the UK or sanctioned regions |
Fees and caps change. Each product page shows the source and the date PerpFinder read it. Compare trading costs across venues in the cost ranking.
Terms used on this page
- Builder fee
- A builder fee is the fee that a wallet or trading app adds to each Hyperliquid perps fill that it sends with a builder code. It is in addition to the Hyperliquid fee.
- Funding rate
- A funding rate is the periodic payment between long and short positions that keeps a perpetual futures price near its index price. When the rate is positive, longs pay shorts.
Cite this data
Use the page address and the check date. Each product page names its operator and regulator sources and the date PerpFinder opened them.
PerpFinder. "New perp venues: prediction markets, brokers and wallets." Sources checked 2026-09-25. https://perpfinder.com/new-perp-venues
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Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.