Sai’s New Perps DEX Offers ‘Clean, CEX-like Experience’ With Onchain Settlement
Sai has launched Sai Perps, a perpetuals trading platform that blends the user-friendly experience of centralized exchanges with the transparency and self-custody of onchain settlement. The platform provides gasless transactions, aiming to reduce friction for traders while maintaining full onchain security. Built atop the Nibiru smart contract ecosystem, Sai Perps features a streamlined trading interface, global oracle-based pricing to minimize slippage, and flexible collateral management, allowing capital reuse and single-asset vaults for fee sharing. Users can trade over 25 markets, including BTC, ETH, and SOL, with transparent and gasless execution. To promote the launch, Sai introduced the “Let’s Go Saicho” trading competition, offering a $25,000 prize pool split across two phases, rewarding profitable and early active traders. Sai’s future plans include adding stocks, commodities, FX markets, cross-chain deposits, and a deposit yield feature called Sai Savings.
