Perpetuals.com Ltd. (NASDAQ: PDC) has reported strong early adoption of its UpsideOnly trading and market prediction platform, attracting more than 30,000 active users from 185 countries and generating $4.5 billion in cumulative trading volume across 186,000 fills and 25 instruments during its first two weeks. Gold led activity with $1.4 billion in volume, followed by bitcoin at $1.2 billion, as precious metals accounted for approximately 35% of total platform trading.
The company also announced a Mutual Services Agreement with Datavault AI (NASDAQ: DVLT) to list tokenized real-world commodity assets on the Perpetuals platform, initially covering the MTB Copper project with provisions for expansion into additional commodity programs. The agreement targets trading on PM MTF Ltd., an EU-licensed multilateral trading facility operating on Perpetuals technology, and encompasses programs with a combined targeted issuance value exceeding $328 million. For more details, see the full press release at https://ibn.fm/K81bS.
Perpetuals.com Ltd (NASDAQ: PDC) is a fintech company developing AI-powered trading products and prediction markets, with a global footprint across the United States, Europe, and Asia. Its mission is to reduce risk by empowering retail users with intuitive, secure, and efficient trading experiences across multiple asset classes. The company’s proprietary trading platform, Kronos X, combines advanced AI and data analysis, trained on billions of trades, monitoring market activity in real time, identifying patterns for trading and risk decisions, and providing multi-asset coverage with self-clearing blockchain-based settlement. The company’s licensed European Multilateral Trading Facility (MTF) infrastructure and Kronos X multi-asset exchange platform operate with full MiFID II, MiCA, DORA, and EMIR compliance.
The rapid adoption of UpsideOnly underscores growing retail demand for simplified, AI-driven trading tools. The partnership with Datavault AI signals a strategic move into real-world asset tokenization, which could bridge traditional commodities with blockchain-based trading. This development may attract further institutional interest and expand Perpetuals' addressable market. The success of the platform in its early days, particularly in gold and bitcoin, highlights the appetite for leveraged trading in volatile assets. The agreement's potential to list over $328 million in tokenized assets also positions Perpetuals as a key player in the emerging tokenized commodities space.
