Perpetuals.com Ltd. (NASDAQ: PDC) 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.
These developments underscore the growing intersection of AI-powered trading and blockchain-based asset tokenization. The rapid uptake of UpsideOnly, with $4.5 billion in volume in just two weeks, suggests strong retail demand for intuitive, AI-driven trading tools. The partnership with Datavault AI positions Perpetuals to expand into tokenized commodity markets, potentially democratizing access to assets like copper and other real-world resources.
Perpetuals’s proprietary trading platform, Kronos X, combines advanced AI and data analysis, trained on billions of trades and monitoring market activity in real time. The platform offers multi-asset coverage with self-clearing blockchain-based settlement, operating under MiFID II, MiCA, DORA, and EMIR compliance. This regulatory framework may provide a competitive edge as tokenized asset trading gains traction.
For more details, the full press release is available at https://ibn.fm/K81bS.
