[PRESS RELEASE – Panama City, Republic of Panama, February 18th, 2026]
Sai today launched 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. The platform features gasless transactions, removing friction for traders while maintaining full on-chain security.
Sai also unveiled 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. 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-serve “Be Early” phase for traders who engage early and hit a minimum volume threshold.
“On-chain markets shouldn’t require traders to compromise between speed and self-custody,” said Matthias Darblade, a Sai contributor. “Sai Perps is designed for active traders who want a clean, CEX-like experience, while still getting the transparency and settlement guarantees that only on-chain infrastructure can provide.”
Why Sai vs. Other Perps DEXs
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 many ways:
Let’s Go Saicho: $25,000 Trading Competition (Feb 18 – Mar 19, 2026)
Let’s Go Saicho is a one-month competition rewarding trading on Sai across two two-week phases:
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). For more details on Sai’s Trading Competition, visit here.
About Sai
Sai is a new perpetuals trading platform designed to feel as easy and fast as a centralized exchange, while still settling fully on-chain. Sai’s mission is to make advanced trading accessible without sacrificing transparency or self-custody.
Sai is focused on finalizing its core trading infrastructure and user experience, building liquidity and risk systems for smoother execution, and laying the groundwork for yield features that help users earn on idle collateral. Next on the roadmap: expanded markets (stocks, commodities, FX), Sai Savings, cross-chain deposits, and smart accounts for gasless trading.
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