Exchanges· ★★· neutral·

PERPTools raises $8M to build AI-native perpetual trading platform

  • —Pre-seed: $3 million at a $30 million FDV, led by DEXTools Ventures and Orderly Network
  • —Seed: $5 million at an $80 million FDV, backed by NEAR, Animoca Brands and BigBrain
  • —The platform's beta has processed $240 million in trading volume
  • —Token generation event targeted for Q4 2026
Why it matters: The project links DEXTools' 30 million traders to Orderly's liquidity infrastructure, intensifying competition in perpetual DEXs that handle over $10 billion in daily volume.
Source: Invezz