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Sai, a new perpetuals trading platform that improves access to advanced trading, announced the launch of Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a centralized exchange, with the transparency and self-custody of on-chain settlement.
According to the announcement, the platform features gasless transactions, removing friction for traders while maintaining full on-chain security.
Speaking on the development, Matthias Darblade, a Sai contributor, said;
“Onchain markets shouldn’t require traders to compromise between speed and self-custody…Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only onchain infrastructure can provide.”
 
Nonetheless, it is important to note that Sai Perps is built around the premise: trading should be accessible without the usual friction of on-chain perps.
Compared to existing perpDEXs, Sai stands out in several ways: it provides a streamlined, fast, and familiar trading experience, with trades settling on-chain for transparency and verifiability.
It also offers 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.
Moreover, it is accessible to both new and experienced traders, providing a platform experience optimized for speed and clarity without sacrificing advanced trading capabilities.
Also, it features a roadmap beyond crypto perps, with planned expansion into stocks, commodities, and FX markets, plus user-focused capital-efficiency features such as Sai Savings (yield on deposits) and cross-chain deposits.
Introducing Let’s Go Saicho
In addition to the launch of the Sai Perps, Sai also disclosed the debut of Let’s Go Saicho, a one-month on-chain trading competition running from February 18 through March 19, 2026, with $25,000 in total prizes.
Sai revealed that 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 engage early and hit a minimum volume threshold.
Let’s Go Saicho is a one-month competition rewarding trading on Sai across two two-week phases. Phase 1, the PNL Competition, features a $20,000 prize pool for 50 winners and runs from Feb 18 to Mar 4.
On the other hand, Phase 2 (Mar 5 – Mar 19): Be Early (First Come First Serve) | $5,000 prize pool, 50 winners. Notably, all markets listed on Sai are eligible in both phases. Traders may 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).