- UpsideOnly has now recorded more than 3.3 million fills since launching on May 19
- Bitcoin and gold lead trading activity, together representing over 50% of fills
SAN FRANCISCO--(BUSINESS WIRE)--Perpetuals.com Ltd (Nasdaq: PDC) today released new data showing that the company’s risk-free trading platform UpsideOnly now has users in 172 countries worldwide. The global demand for UpsideOnly can be seen in the more than 100,000 new customers added in under two weeks, with the platform now having surpassed 400,000 total users. Since launching on May 19, users have generated more than 3.3 million fills, with crypto and commodities accounting for nearly 90% of trading activity.
The breadth and pace of that growth point to strong global demand for UpsideOnly’s model. Rather than trading with their own capital, users take virtual positions across equity, commodity, forex, and crypto markets. Perpetuals’s proprietary AI, BayesShield, analyzes that activity to identify the strongest signals. Perpetuals then uses its own capital to place trades based on those signals. When those trades are profitable, eligible users can share in the profits. If they are not, users lose nothing.
Additional findings from UpsideOnly include:
- The five countries with the most UpsideOnly users are, in order: the Philippines, India, Kenya, Nigeria and the United States.
- A total of 85% of users accessed UpsideOnly exclusively via mobile devices.
- Bitcoin accounted for 26.7% of fills, followed by gold at 23.7%, Ethereum at 10.4%, Binance Coin at 7.8%, Solana at 7.0%, XRP at 6.5%, oil at 5.2%, silver at 2.5% and the euro at 1.5%.
“People in nearly every country across the world are using UpsideOnly because traders are discovering that there is finally a platform on their side,” said Patrick Gruhn, CEO of Perpetuals. “Unlike others, UpsideOnly isn’t built to bleed users dry. Instead, we win together. This pro-trader model is clearly resonating around the globe, and we are just getting started.”
The growing volume of activity on UpsideOnly gives BayesShield more data to identify skilled traders and generate accurate trading insights. Perpetuals also recently backtested BayesShield using the same production code as the live platform, replaying approximately 1.07 billion historical order fills over 375 days. The strategy generated a hypothetical, non-compounded return of 380%, with a maximum drawdown, or largest decline from a peak, of 27%, providing further evidence of BayesShield’s ability to generate accurate trading insights.
About Perpetuals.com Ltd
Perpetuals.com Ltd (Nasdaq: PDC) is a fintech company that pairs proprietary AI with regulated market infrastructure to open global markets to more participants, from financial platforms to individual users. By building on fully compliant infrastructure, Perpetuals keeps the interests of platforms and users aligned while making markets more transparent and accessible.
UpsideOnly, the company's flagship consumer product, is the first risk-free trading and market prediction platform that uses a proprietary AI algorithm combined with crowd intelligence to ensure users never lose money. Perpetuals’s patent-pending BayesShield AI analyzes billions of data points to identify the strongest signals from top-performing traders. Intentionally designed so that its success is directly aligned with that of its users, UpsideOnly enables eligible users to share in trading profits without ever risking their own money.
Perpetuals’s technology is used by the EU-licensed Perpetual Markets Multilateral Trading Facility (MTF), PM MTF Ltd, which operates under full MiFID II, MiCA, DORA, and EMIR compliance. With this regulatory foundation, Perpetuals delivers white label trading services that let partners launch on fully licensed infrastructure, cutting the time and cost of building their own.
Forward-Looking Statements: This press release contains forward-looking statements as defined within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the anticipated profitability to the company and users of UpsideOnly. Words such as “expect,” “will,” “positions,” “advancing,” “projected,” “anticipated,” and other similar expressions indicate forward-looking statements, though not all forward-looking statements contain such words. These statements reflect the company’s current view with respect to future events, are subject to risks and uncertainties that could cause actual results to differ materially, including the efficacy and accuracy of BayesShield AI, regulatory scrutiny, continued user participation in the UpsideOnly platform, market conditions, the ability to realize anticipated benefits of UpsideOnly, the characterization of UpsideOnly under applicable gaming, sweepstakes, securities, and commodity-derivatives laws, patent issuance and enforceability of the BayesShield AI methodology, the company’s ability to raise capital to support the operation of the UpsideOnly platform, and risks detailed in the company’s filings with the Securities and Exchange Commission, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the company, are inherently subject to significant business, economic, competitive, political and social uncertainties, and contingencies. Should one or more of these risks or uncertainties materialize, or should the assumptions set out by the company underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. These forward-looking statements are made as of the date of this press release and the company does not undertake any obligation to update these forward-looking statements, except as required by law. Perpetuals.com Ltd has an option agreement to acquire the affiliate company PM MTF Ltd, which will require a change of control approval by CySEC if exercised. Risk-free trading means that no losses from trading losses can occur to users, but does not include risks from other sources, including, but not limited to, the operational risks of the company.
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Contacts
Media Contact:
press@perpetuals.com
Investor Relations:
ir@perpetuals.com