Commodities Perps
About Commodities Perps
Commodity perps let you go long or short on raw materials like gold, silver, and WTI crude oil with leverage and no expiration date. Instead of holding the physical asset or rolling traditional futures, you take a directional position against a spot reference price, and a funding rate periodically transfers payments between longs and shorts to keep the perp anchored to that price. Positions stay open as long as your margin holds, so you can hold a leveraged view for as long as you want.
On Polymarket you can trade 3 commodity perps today like GOLD-USD, SILVER-USD, and WTIOIL-USD. Each card shows the live mark price and 24-hour change - click Long to bet the price rises or Short to bet it falls, directly from the grid above.
FAQs
Polymarket currently lists 4 commodity perps: GOLD-USD, WTIOIL-USD, SILVER-USD, and BRENTOIL-USD. You can go long or short on each one directly from the grid above.
Open the GOLD-USD perp card and choose Long or Short. The perp tracks the spot Gold price and lets you take a leveraged directional view without holding the physical asset.
Find the WTIOIL-USD perp card in the grid. Click Long to bet WTI Oil will rise, or Short to bet it will fall. The perp tracks the spot reference price, and your position stays open until you close it or your margin is liquidated.
Use the SILVER-USD card to go long or short on Silver. The perp tracks the spot reference price and lets you take a leveraged view without rolling traditional futures.
No. Perpetual futures have no expiration date. A funding rate keeps the perp anchored to the spot reference, and your position stays open until you close it or your margin is liquidated.


