PERPTools Secures $8 Million Funding to Expand Perpetual Trading Platform

The funds will be allocated toward engineering talent, liquidity incentives

PERPTools announced on October 1, 2026, that it has raised $8 million across two token funding rounds following strong performance in private beta testing of its perpetual trading platform. The funding round includes participation from DEXTools Ventures, Orderly Network, NEAR Protocol, and Animoca Brands, signaling growing institutional interest in decentralized derivatives infrastructure. The capital will support platform development, user acquisition, and ecosystem partnerships as PERPTools prepares for broader market launch. The company reported $240 million in trading volume during its private beta phase, demonstrating early traction among professional and retail traders seeking efficient perpetual contract solutions. Built on scalable blockchain architecture, PERPTools aims to reduce slippage and improve capital efficiency compared to existing decentralized exchanges. NEAR’s involvement highlights alignment with high-throughput networks, while Animoca Brands’ participation reflects strategic interest in Web3 financial primitives.

The funds will be allocated toward engineering talent, liquidity incentives, and security audits to ensure robustness ahead of public deployment. How Does PERPTools Differ From Existing Perpetual Exchanges? PERPTools distinguishes itself through an optimized order matching engine designed for low-latency execution and minimal gas costs, particularly beneficial during periods of high market volatility. Unlike some competitors that rely on external oracle feeds with update delays, PERPTools integrates price data directly from multiple verified sources to enhance accuracy and reduce manipulation risks. The platform also emphasizes user-controlled custody, allowing traders to retain ownership of assets until trade settlement, a feature increasingly demanded amid growing concerns over centralized custodial risks in DeFi. What Challenges Could Affect PERPTools’ Adoption? Despite strong beta results, PERPTools faces hurdles common to emerging DeFi platforms, including regulatory scrutiny around derivatives offerings and the need to build deep liquidity pools to compete with established players.

Attracting institutional traders will require demonstrating consistent uptime, transparent fee structures

Attracting institutional traders will require demonstrating consistent uptime, transparent fee structures, and compliance with evolving jurisdictional standards. Additionally, user education remains critical, as perpetual trading involves complex risk mechanics that may deter less experienced participants without adequate guidance and simulation tools. The successful funding round positions PERPTools to accelerate its roadmap, with plans to introduce cross-margin trading and advanced order types in Q1 2027. If adoption metrics from beta testing translate to public markets, the platform could capture meaningful share in the rapidly growing decentralized derivatives sector, which analysts project to exceed $50 billion in monthly volume by 2028. Long-term success will depend on balancing innovation with security, maintaining community trust, and navigating the evolving regulatory landscape for digital asset derivatives. Frequently Asked Questions What blockchain networks does PERPTools currently support?

PERPTools is initially launching on the NEAR Protocol due to its high throughput and low transaction costs, with plans to evaluate multi-chain expansion based on user demand and technical feasibility after mainnet launch. How does PERPTools ensure the security of user funds during trading? The platform employs non-custodial smart contracts that only release funds upon trade execution, undergoes regular third-party security audits, and implements real-time monitoring systems to detect and respond to anomalous activity. Will PERPTools offer fiat on-ramps for new users entering the platform? While the initial launch focuses on crypto-to-crypto trading, PERPTools is exploring partnerships with licensed payment providers to enable fiat access in compliant jurisdictions, subject to regulatory approval and integration timelines.