Sai Launches Perps Platform Combining CEX Speed With Onchain Settlement
Summary
Sai has launched Sai Perps, a perpetuals trading platform designed to offer a centralized exchange (CEX)-like experience with the benefits of onchain settlement, including transparency and self-custody. The platform features gasless transactions and is launching with a $25,000 trading competition, 'Let’s Go Saicho,' structured in two phases rewarding both profitability and early participation. Sai Perps differentiates itself from other decentralized perpetual exchanges (perpDEXs) through its focus on user experience, deep liquidity, robust risk systems, and oracle design.
The platform aims to be accessible to both new and experienced traders and plans to expand beyond crypto perps to include stocks, commodities, and FX markets. Future features include Sai Savings for yield on deposits and cross-chain deposits.
The 'Let’s Go Saicho' competition runs from February 18, 2026, to March 19, 2026, with a $20,000 prize pool for the most profitable traders in the first phase and a $5,000 prize pool for early participants in the second phase. Sai’s mission is to make advanced trading accessible without compromising transparency or self-custody.
(Source:The Daily Hodl)