Perpetuals.com Reports Strong Early Adoption of UpsideOnly Platform, Signs Asset Tokenization Agreement with Datavault AI
Perpetuals.com Ltd. announced over 30,000 active users and $4.5 billion in trading volume in the first two weeks of its UpsideOnly platform, alongside a deal with Datavault AI to tokenize real-world commodities, highlighting rapid growth in AI-driven trading and blockchain-based asset tokenization.
Perpetuals.com Ltd. (NASDAQ: PDC) reported strong early adoption of its UpsideOnly trading and market prediction platform, attracting more than 30,000 active users from 185 countries and generating $4.5 billion in cumulative trading volume across 186,000 fills and 25 instruments during its first two weeks. Gold led activity with $1.4 billion in volume, followed by bitcoin at $1.2 billion, as precious metals accounted for approximately 35% of total platform trading, according to a press release.
The company also announced a Mutual Services Agreement with Datavault AI (NASDAQ: DVLT) to list tokenized real-world commodity assets on the Perpetuals platform, initially covering the MTB Copper project with provisions for expansion into additional commodity programs. The agreement targets trading on PM MTF Ltd., an EU-licensed multilateral trading facility operating on Perpetuals technology, and encompasses programs with a combined targeted issuance value exceeding $328 million.
These developments underscore the accelerating convergence of artificial intelligence, blockchain, and traditional commodity markets. The rapid uptake of UpsideOnly—which combines AI-powered predictions with trading—suggests strong retail demand for tools that simplify market analysis and execution. The platform's ability to attract users from 185 countries and process billions in volume within weeks indicates a potential shift in how individual investors engage with multiple asset classes, from cryptocurrencies to precious metals.
The tokenization agreement with Datavault AI represents a significant step toward bridging physical commodities and digital finance. By listing tokenized assets on a regulated EU trading facility, Perpetuals is positioning itself at the forefront of real-world asset tokenization, a trend that could democratize access to traditionally illiquid markets such as copper mining. The $328 million targeted issuance value of the programs involved signals institutional confidence in this model.
Perpetuals’s proprietary trading platform, Kronos X, underpins these offerings. Trained on billions of trades, it monitors market activity in real time, identifies patterns for trading and risk decisions, and provides multi-asset coverage with self-clearing blockchain-based settlement. The company’s licensed European Multilateral Trading Facility (MTF) infrastructure operates with full MiFID II, MiCA, DORA, and EMIR compliance, adding a layer of regulatory credibility that could attract both retail and institutional participants.
For investors, the combination of rapid user growth and expansion into tokenized commodities highlights Perpetuals’s ambition to become a comprehensive platform for digital and traditional assets. The success of UpsideOnly in its early days may serve as a bellwether for the viability of AI-driven retail trading platforms, while the Datavault AI partnership opens a new revenue stream through tokenization services. As regulatory frameworks evolve globally, Perpetuals’s European licenses could provide a competitive advantage in serving cross-border markets.
For more information, see the full press release here and the company’s newsroom here.