- Sai has launched Sai Perps, a perpetuals trading platform that offers a gasless, centralized-exchange-like experience with full onchain settlement for transparency.
- The platform is built on the Nibiru smart contract ecosystem, uses oracle-settled pricing, and allows flexible collateral with deposits in USDC or stNIBI.
- A launch competition called “Let’s Go Saicho” features a $25,000 prize pool, split between a PNL contest and a “Be Early” phase for early adopters.
- The future roadmap includes expanding into stock, commodity, and FX markets, along with cross-chain deposits and a savings feature called Sai Savings.
Sai has unveiled its new perpetuals trading platform, Sai Perps, on February 18, 2026, built atop the Nibiru smart contract ecosystem. The platform aims to provide a streamlined, gasless trading experience that combines the familiarity of centralized exchanges with the security guarantees of onchain settlement.
“Onchain markets shouldn’t require traders to compromise between speed and self-custody,” said Sai contributor Matthias Darblade. Consequently, the platform’s onchain oracle design aims to reduce scam wicks and low slippage, according to its published claims.
Flexible collateral lets traders reuse capital across positions, supported by single-asset vaults. Users can deposit USDC or Liquid Staked NIBI (stNIBI) to earn a share of protocol fees.
Meanwhile, to mark the launch, Sai is running the “Let’s Go Saicho” trading competition with a $25,000 total prize pool. The first phase, a PNL contest for profitable traders, runs until March 4 and will distribute $20,000 among 50 winners.
The subsequent “Be Early” phase rewards traders from March 5-19 who hit a minimum volume threshold. This second segment features a $5,000 prize pool for another 50 participants.
Looking ahead, Sai’s future plans include adding stocks, commodities, and FX markets. The roadmap also features cross-chain deposits and a yield feature called Sai Savings.
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