Bybit Launches Polymarket Pre-IPO Perp

Rickler Feed (@rickler_feed), Sep 23, 2026, 13:30 UTC

Bybit Launches Polymarket Pre-IPO Perp Bybit launched a Polymarket pre-IPO perp (POLYMARKETUSDT), giving traders leveraged exposure to the prediction-market firm's private valuation before any public listing. The pre-IPO TradFi perpetual lets users go long or short Polymarket's implied valuation with up to 10x leverage, settled in USDT, with pre-market bidding opening at 9:00 UTC on September 23. Unlike a spot listing, the contract tracks a private-company valuation rather than a live token, so there is no Polymarket asset to deliver, only the price traders are willing to pay on the perp its…

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