Perpetuals Launches UpsideOnly, AI Platform Where Users Share Trading Gains Without Capital Risk

Perpetuals.com, led by former FTX Europe executive Patrick Gruhn, launched UpsideOnly today, an AI-driven platform where users can participate in market predictions without risking personal capital. Instead of requiring users to fund trades directly, the platform asks participants to submit market predictions across equities, cryptocurrencies, commodities, and foreign exchange. UpsideOnly then uses its proprietary BayesShield AI system to evaluate predictions and execute trades using company capital. Users share in profits from successful trades but lose nothing if trades lose money or are not executed.

BayesShield AI was trained on more than 22 billion executed retail trades, according to Perpetuals. The company positions UpsideOnly as a response to what it claims is a broken retail trading model, where conventional platforms profit when users lose. Perpetuals stated that its trading operations comply with MiFID II, MiCA, DORA, and EMIR regulatory frameworks through its European entities.