PANews reported on February 13th that Sai has officially launched its perpetual contract trading platform, Sai Perps, and introduced "Let's Go Saicho," a month-long on-chain trading competition running from February 12th to March 12th, 2026, with a total prize pool of $25,000. The event is divided into two phases: the first phase is the PNL competition, rewarding traders who make money; the second phase is a first-come, first-served "Be Early" competition, rewarding early participants who reach the minimum trading volume.
Sai contributor Matthias Darblade stated, "On-chain markets shouldn't force traders to choose between speed and self-custody. Sai Perps is designed for active traders, offering both the clean, streamlined experience of a CEX and the transparency and settlement guarantees that only on-chain infrastructure can provide."
