Perpetuals is a regulated multilateral trading facility platform focused on trading cryptocurrencies, derivatives and tokenized assets.
Barron's reporter Nick Devor posted on X, stating that Kalshi revealed new developments regarding its "perpetual contract" product at today's Kalshi Perpetuals event. Perpetual contracts are now open to the public (currently supporting 11 tokens), and its proprietary trading terminal, Kalshi Pro, will be launched later this summer.
According to Bloomberg, Perpetuals.com Ltd., a company led by former FTX Europe executive Patrick Gruhn, launched the AI-powered trading platform UpsideOnly on Tuesday. The platform enables users to crowdsource simulated trades around assets such as oil, gold, and stocks. AI models screen for the most potentially profitable trading signals, which the platform then executes in live trading using its own capital. If a trade is profitable, the platform distributes half of the profits to the traders who provided the effective signals.