Catenaa, Friday, February 27, 2026-Sai has launched Sai Perps, a perpetuals trading platform combining the speed and user experience of a centralized exchange with the transparency and self-custody of onchain settlement.
The platform supports gasless transactions to reduce trading friction while maintaining full onchain security.
Sai also announced “Let’s Go Saicho,” a one-month trading competition from February 18 to March 19, 2026, with a $25,000 prize pool.
The event is split into two phases: a PNL competition rewarding profitable traders and a first-come, first-serve “Be Early” phase for early participants meeting minimum volume requirements.
The platform is designed for active traders seeking fast, intuitive execution without sacrificing onchain guarantees.
Sai Perps prioritizes liquidity, risk management, and oracle reliability to enable smoother execution and deeper markets compared with existing perpetuals DEXs.
The platform supports both novice and professional users while planning future expansion into stocks, commodities, and FX markets.
Upcoming features include Sai Savings, offering yield on deposits, and cross-chain deposit functionality.
Sai Perps allows users to go long or short on any supported asset, including USDC and stNIBI, across all listed markets.
The competition aims to highlight the platform’s accessibility, capital efficiency, and seamless user experience.
According to Sai contributor Matthias Darblade, the platform addresses a key challenge for onchain trading: combining fast, familiar execution with the settlement transparency only blockchain infrastructure can provide.
Sai continues to focus on building liquidity, enhancing risk systems, and expanding markets to support professional-grade onchain derivatives trading.
