[PRESS RELEASE – Panama City, Republic of Panama, February 18th, 2026]
Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange, with the transparency and self-control of on-chain settlement. The platform offers throttle-free transactions, removing friction for traders and maintaining complete security across the chain.
Sai also revealed Let’s go Saichoa one-month on-chain trading competition running from February 18 to March 19, 2026, with a total of $25,000 in prizes. The campaign is structured in two phases designed to reward both performance and participation: a PNL competition for profitable traders, followed by a first-come, first-served “Be Early” phase for traders who act early and reach a minimum volume threshold.
“On-chain markets should not require traders to compromise between speed and restraint,” said Matthias Darblade, a Sai employee. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only on-chain infrastructure can provide.”
Why Sai vs. other perpetrator DEXs
Sai Perps is built around the premise: trade should be accessible without the usual friction of perpetrators on the chain. Compared to existing perpDEXs, Sai stands out in many ways:
- CEX-like UX, on-chain settlement: A streamlined trading experience designed to be fast and familiar, with transactions settled on-chain for transparency and verifiability.
- Infrastructure built for deep, smooth markets: Sai has focused heavily on liquidity, risk systems and oracle design to support more consistent execution and robust market integrity.
- Accessible to both new and experienced traders: a platform experience optimized for speed and clarity, without sacrificing advanced trading capabilities.
- Roadmap beyond crypto criminals: Sai’s planned expansion includes equities, commodities and FX markets, plus user-focused capital efficiency features such as Sai Savings (return on deposits) and cross-chain deposits.
Let’s Go Saicho: $25,000 Trading Contest (February 18 – March 19, 2026)
Let’s Go Saicho is a one-month competition that rewards trading on Sai in two two-week phases:
- Phase 1 (February 18 – March 4): PNL Competition | $20,000 prize pool, 50 winners
- Phase 2 (March 5 – March 19): Be early (first come, first served) | $5,000 prize pool, 50 winners
All markets listed on Sai are eligible in both phases. Traders can go long or short on any listed pair using supported collateral (e.g. USDC and other supported assets such as stNIBI, as available on Sai). For more details about Sai’s trading competition, visit here.
About Sai
Sai is a new perpetuals trading platform designed to feel as easy and fast as a centralized exchange, while still being able to be transacted completely on-chain. Sai’s mission is to make advanced trading accessible without sacrificing transparency or restraint.
Sai focuses on finalizing core trading infrastructure and user experience, building liquidity and risk systems for smoother execution, and laying the foundation for return features that help users monetize inactive collateral. Next on the roadmap: expanded markets (stocks, commodities, currencies), Sai Savings, cross-chain deposits and smart accounts for gasless trading.
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