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PERPTools Raises $8 Million After $240 Million in Beta Volume

Strategic investors are providing distribution to give the platform instant access to users ahead of a planned Q4 2026 token generation event.

Overview

  • PERPTools completed two token funding rounds that together raised $8 million from strategic backers including DEXTools Ventures, Orderly Network, NEAR, and Animoca Brands.
  • The project has three mainnet products live — a noncustodial perpetual DEX, an AI Arena for autonomous onchain trading agents, and a Tap Prediction market — which generated about $240 million in private beta trading volume.
  • PERPTools uses Orderly Network’s omnichain central limit order book to share liquidity across chains so traders can access depth and settle trades without manual bridges.
  • The AI Arena lets users create and fund autonomous trading agents in minutes, set risk and leverage limits, and rank performance with verified onchain 30‑day profit-and-loss data.
  • With fundraising closed, the team is shifting to execution and ecosystem integration as it prepares a token generation event in Q4 2026 and aims to turn DEXTools’ user base into direct trading flow.