Key Takeaways
- PERPTools raised $5.0M (Seed) from BigBrain Holdings, NEAR, Animoca Brands, Sfermion, Shima Capital, DEXTools Ventures, Orderly Network.
- Sector: Financial Services & Fintech, Technology, Software & Gaming, Blockchain.
- Geography: Global.
Analysis
PERPTools, a developer of decentralized perpetual futures trading infrastructure, has successfully closed a $5 million seed funding round, achieving a $80 million fully diluted valuation. This latest infusion of capital brings the company's total funding to $8 million, following a prior $3 million pre-seed round. The seed financing was supported by prominent investors including BigBrain Holdings, NEAR, Animoca Brands, Sfermion, and Shima Capital. The pre-seed round, which concluded at a $30 million valuation, was led by DEXTools Ventures and Orderly Network.
The company, built by the team behind the established trading analytics platform DEXTools, is integrating artificial intelligence into its trading agents. PERPTools aims to streamline the user experience by embedding trading functionalities directly within the DEXTools ecosystem. This strategic approach allows users to transition seamlessly from market discovery to trade execution without leaving the familiar interface. The platform leverages Orderly Network’s omnichain liquidity infrastructure, enabling shared liquidity across various blockchains without the need for asset bridging.
PERPTools is targeting the rapidly expanding decentralized perpetual futures market, a sector that reportedly handles over $10 billion in daily trading volume across decentralized exchanges. The platform's beta phase has already demonstrated significant traction, generating $240 million in trading volume and providing access to a potential user base of 30 million DEXTools traders. This early success underscores the demand for integrated and user-friendly decentralized trading solutions.
The company has already launched three key products ahead of its anticipated Token Generation Event (TGE). Its Perp DEX offers non-custodial perpetual futures trading with support for leverage and cross-margin, utilizing Orderly’s central limit order book for settlement. Additionally, the AI Arena functions as a marketplace for autonomous trading agents, allowing users to create AI traders with customizable strategies and risk profiles. These agents then operate on the Perp DEX, with other users able to allocate capital to promising agents based on their performance metrics.
Further diversifying its offerings, PERPTools introduced Tap Prediction, a real-time prediction product that allows users to stake small amounts on price movements within perpetual markets for potential payouts. This product is already generating revenue, signaling a robust monetization strategy even before the official token launch. The leadership team includes CEO Evgen Tokarev, CTO Denys Hrechko, and CMO Wael Rajab, all bringing significant experience from the trading and blockchain sectors.
With both funding rounds successfully completed, PERPTools is now focusing on product development and market expansion. The company is preparing for its Token Generation Event in the fourth quarter of 2026, with plans to deepen its integration within the DEXTools ecosystem. This strategic positioning aims to capture a significant share of the decentralized derivatives market by offering a comprehensive and accessible trading experience.