Polymarket perpetual contract specifications

POLYMARKET on Aperi is a perpetual derivative linked to Polymarket. Its reviewed catalogue contract is POLYMARKETUSD1 on aster, using USD1 collateral. This is price exposure; the contract does not deliver shares or ownership of the underlying asset.

Reviewed contract identity

Product
Polymarket (POLYMARKET)
Asset class
Pre-IPO
Reviewed venue
aster
Native contract
POLYMARKETUSD1
Native market ID
aster.pro.POLYMARKETUSD1
Collateral
USD1
Quote currency
USD1
Pricing model
Native order book
Classification
Pre-IPO synthetic perpetual · native unit unverified
Routing revision
aperi-public-venues-v1-2026-10-09
Underlying unit
Synthetic anticipated share-price reference using a published one-billion reference diluted share count; USD1 contract linkage/multiplier remains unverified.
Price unit
USD1 per native reference unit; no USD peg assumed.
Reference method
Aster describes tokenized pre-IPO Polymarket exposure. Current metadata lists the USD1 perpetual, while specifications still name a USDT contract.
Settlement
No shareholder rights. Aster may change share count/pricing, extend, settle, terminate or delist if listing does not occur. Exact USD1 conversion/corporate-action policy remains pending.

Native contract specification ↗

What this contract represents

This is synthetic exposure to a private-company reference valuation. It is not an offer of private shares, an IPO allocation or ownership in Polymarket. Reference pricing and settlement follow the native specification.

24/7 perpetual markets remain subject to market availability, venue halts, oracle limits and liquidity. Understand perpetuals and ownership.

Market data and availability

The terminal provides current public observations separately from this reviewed contract description. Prices, funding, leverage ceilings and quantity increments come from the native venue when available. Missing observations remain unavailable.

Order-book venues can expose quotes, books, trades and candle history, with individual source times. The catalogue may select another reviewed route under its liquidity policy; an existing position retains its original venue identity.

Funded trading on Aperi is currently disabled. Public data, account login and a connected wallet do not establish trading permission. Read our data methodology.

Collateral, costs and risk

The reviewed route uses USD1. Funds remain separate per venue; a combined portfolio does not provide shared collateral or automatic transfer authority. Aperi's proposed platform fee is 0.05% of notional, subject to builder qualification. Total costs also include venue fees, spread, slippage and funding.

Leverage can amplify losses and trigger liquidation. This is product documentation, not an investment recommendation. Risk disclosure · Collateral and fees · Funding and liquidation.

Related contracts