Sai Introduces New Perpetual Trading Platform with Onchain Settlement
Sai has launched Sai Perps, designed for fast and seamless trading while maintaining on-chain security.
Sai Introduces New Perpetual Trading Platform with Onchain Settlement
[PRESS RELEASE – Panama City, Republic of Panama, February 18th, 2026]
Sai has officially unveiled Sai Perps, a new perpetual trading platform that aims to offer the speed and user-friendliness of a centralized exchange while providing the transparency and autonomy of on-chain settlement. This innovative platform boasts gasless transactions, minimizing friction for traders while ensuring complete on-chain security.
In addition, Sai launched the Let’s Go Saicho competition, a month-long trading event running from February 18 to March 19, 2026, with a total prize pool of $25,000. The competition consists of two phases designed to reward both performance and participation: a profit and loss (PNL) competition for successful traders, followed by a first-come, first-served phase for those who engage early and meet a minimum trading volume.
“On-chain markets shouldn’t require traders to compromise between speed and self-custody,” stated Matthias Darblade, a contributor at Sai. “Sai Perps is tailored for active traders desiring a streamlined, CEX-like experience while still gaining the transparency and settlement assurances that only on-chain solutions can supply.”
Why Choose Sai Over Other Perpetual DEXs?
Sai Perps operates on the belief that trading should be frictionless. Here’s how it stands out compared to existing perpetual DEX platforms:
- CEX-like User Experience with Onchain Settlement: A fast, familiar trading interface with transactions settling on-chain for full transparency.
- Infrastructure Optimized for Depth and Smooth Markets: Focus on liquidity, risk management, and oracle design ensures better execution and market integrity.
- Accessible for All Traders: Optimized for both novices and experts, ensuring a speedy and clear platform without compromising advanced trading capabilities.
- A Vision Beyond Crypto Perpetuals: Future expansions are planned to encompass stocks, commodities, and forex markets, alongside user-centric features like Sai Savings (yield on deposits) and cross-chain deposits.
Let’s Go Saicho: $25,000 Trading Competition (Feb 18 – Mar 19, 2026)
This trading competition consists of two phases, rewarding participation and performance:
- Phase 1 (Feb 18 – Mar 4): Profit and Loss Competition | Prize Pool: $20,000, 50 winners.
- Phase 2 (Mar 5 – Mar 19): Be Early (First Come, First Serve) | Prize Pool: $5,000, 50 winners.
All listed markets on Sai are eligible for both phases, allowing traders to engage long or short on any pair using supported collateral, including USDC and other assets available on Sai. For detailed information on the competition, click here.
About Sai
Sai is a new perpetual trading platform designed to offer an experience that feels as rapid and straightforward as a centralized exchange, while fully settling on-chain. Sai seeks to revolutionize advanced trading for everyone without compromising transparency or user control.
The platform focuses on finalizing its core trading infrastructure and enhancing user experience, working towards improved liquidity and risk systems for smoother execution, and preparing for future features that allow users to earn on idle assets. Upcoming developments include the introduction of expanded markets (stocks, commodities, FX), Sai Savings, cross-chain deposits, and smart accounts for gasless trading.
