Sai launches Sai Perps perpetual contract trading platform.

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Sai launched the Sai Perps perpetual contract trading platform and initiated a month-long on-chain trading competition with a total prize pool of $25,000.

The Let's Go Saicho event takes place from February 12th to March 12th, 2026, and consists of two phases: the PNL competition for profitable participants and Be Early rewards for early participants who reach the minimum volume requirement.

MAIN CONTENT
  • Sai Perps officially launches its perpetual contract platform.
  • on-chain competition from February 12th to March 12th, 2026, with a prize pool of $25,000.
  • 2 categories: Profitable PNL and Be Early (early bird) plans.

Sai Perps launched: optimized for high-speed on-chain transactions.

Sai has confirmed the official launch of Sai Perps, a perpetual contract trading platform aiming for a smooth experience similar to centralized exchanges but still operating on-chain.

Matthias Darblade, a partner at Sai, emphasized that Sai Perps targets frequent traders, balancing speed and self-custody while leveraging transparency and secure payment mechanisms when trading on-chain infrastructure.

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.

Let's Go Saicho: 2-stage competition, total prize pool of $25,000.

The Let's Go Saicho contest runs for one month (February 12–March 12, 2026), with a total prize pool of $25,000, Chia into two phases to distribute prizes based on results and participation time.

Phase 1 is the PNL competition, rewarding profitable traders. Phase 2 is the Be Early program, a first-come, first-served basis, rewarding early participants who reach a minimum volume (no specific number stated).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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