PERPTools Secures $8M to Develop AI-Native Perpetual Trading Infrastructure
PERPTools, a decentralized perpetual trading platform, has secured $8 million in funding to further develop its AI-native infrastructure. The company's leadership team includes Evgen Tokarev, CEO and founder of PERPTools, who previously worked on trading infrastructure at DEXTools.
The funding includes a $3 million pre-seed round at a $30 million fully diluted valuation (FDV) and a $5 million seed round at an $80 million FDV. The investment rounds were led by various prominent DeFi players, including DEXTools Ventures, Orderly Network, BigBrain Holdings, NEAR, Animoca Brands, Sfermion, and Shima Capital.
The platform's goal is to combine perpetual futures trading with AI-based trading agents and market prediction products. PERPTools' mainnet has already launched three products: Perp DEX, a decentralized perpetual futures exchange; AI Arena, a marketplace for autonomous onchain trading agents; and Tap Prediction, a prediction market product.