Odaily Planet Daily reports that the prediction market platform Polymarket has announced the launch of a new social feature called Squads, available on the U.S. version of the Polymarket app, allowing users to create private groups to discuss markets, share positions and portfolios, and trade directly around events of mutual interest.
Users can view other members' trading activities within Squads and follow trades directly from shared positions or portfolios. Each member still trades independently through their own Polymarket account. Polymarket states that this feature aims to consolidate market discussions and trading activities, which previously occurred in group chats, onto a single platform.
This Squads launch is accompanied by the debut marketing campaign “Polymarket HQ,” directed by Peter Berg and featuring participation from sports and cultural figures including LeBron James, Eli Manning, Derek Jeter, and Spike Lee. Previously, Polymarket launched Polymarket Perps, enabling trading on price movements of assets such as cryptocurrencies, stocks, commodities, and indices. (PRNewswire)