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GITBOOK-78: No subject
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Chris Khan authored and gitbook-bot committed Sep 20, 2024
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Expand Up @@ -10,7 +10,7 @@ Unlike traditional futures, these contracts don't have an expiry date. They can

### How do Election Perpetual Futures Work?

* The contract tracks a market on Polymarket (e.g., 2024 Presidential election).
* The contract tracks a market on Polymarket (e.g., [Presidential Election Winner 2024](https://polymarket.com/event/presidential-election-winner-2024)).
* Traders can go long (buy) or short (sell) the election perp, with up to 3x leverage.
* Periodic funding payments occur between long and short holders to align the contract price with the index.

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