Perpetuals.com Ltd (NASDAQ: PDC) announced that its risk-free trading and market prediction platform, UpsideOnly, has surpassed 300,000 users just three months after its May 19, 2026 launch. This milestone represents an average growth of more than 100,000 new users per month, signaling strong market interest in the platform's unique approach to trading.
UpsideOnly allows users to make market predictions using virtual money, while Perpetuals uses its own capital to trade on signals identified by its proprietary BayesShield AI. Eligible users who contribute to profitable signals can share in resulting profits without risking their own money. This model attracts users by offering a risk-free entry into trading and prediction markets, which is particularly appealing in a landscape where retail investors often face significant financial risk.
Perpetuals also reported backtesting results using approximately 1.07 billion historical order fills over 375 days. The strategy generated a hypothetical, non-compounded return of 380%, with a maximum drawdown of 27% and a return-to-drawdown ratio of 4.4. These metrics underscore the potential effectiveness of BayesShield, which analyzes trading activity to identify traders demonstrating consistent, repeatable skill. When sufficient numbers of traders independently take similar positions at approximately the same time, BayesShield can generate automated signals.
The rapid user growth and promising backtesting results highlight the significance of Perpetuals' AI-driven approach. By leveraging billions of trades and real-time market monitoring, the company aims to reduce risk and empower retail users with intuitive and efficient trading experiences. Perpetuals' platform, Kronos X, combines advanced AI and data analysis, providing multi-asset coverage with self-clearing blockchain-based settlement. The company's licensed European Multilateral Trading Facility (MTF) infrastructure operates with full MiFID II, MiCA, DORA, and EMIR compliance, ensuring a secure and regulated trading environment.
This achievement comes at a time when fintech companies are increasingly turning to AI to enhance trading strategies. Perpetuals' success with UpsideOnly demonstrates a viable model that aligns incentives between the platform and its users. As the platform continues to grow, it could reshape how retail investors engage with market predictions, offering a safer alternative to traditional trading.
