Polymarket Opens 24/7 Leveraged Perps on Anthropic Pre-IPO Token

Polymarket is turning Anthropic into a 24/7 trade. The prediction market platform just switched on perpetual futures for $ANT, a pre-IPO tracking product tied to the AI lab, according to WatcherGuru. Traders can now take positions around the clock with up to 10x leverage.

That 10x figure is the sharp edge here. Leverage that size amplifies both directions — gains stack fast, and so do liquidations. And unlike a stock, this market never rings a closing bell. Weekends, holidays, 3 a.m. — the order book stays open.

The $ANT contract gives traders a way to bet on Anthropic's valuation before the company ever hits a public exchange. Anthropic, the maker of the Claude family of AI models, remains private, which means no ticker, no IPO date and no public filings to lean on. Polymarket is filling that gap with a synthetic-style instrument instead.

Pre-IPO perpetuals are a newer breed of product for Polymarket, which built its name on event contracts for elections, sports and just about anything else with a yes-or-no outcome. Rolling out leveraged, continuous futures pushes it closer to a derivatives venue than a pure prediction market.

The pitch is obvious: exposure to one of the hottest names in AI without waiting for a listing. The catch is just as obvious. With no public shares underlying the contract, pricing leans on the market's own conviction — and conviction can swing hard.

For now, the market is live and running nonstop, per WatcherGuru. What happens next depends on whether traders show up to keep it liquid, and whether regulators take an interest in leveraged bets on a company that still hasn't gone public.