PDC | Market Cap: $26.4M (10/12/26)
Industry:
Capital Markets
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DESCRIPTION

Perpetuals.com is a fintech company that operates a consumer simulated trading platform and provides institutional trading technology. The company's flagship consumer platform, UpsideOnly, allows retail users to make simulated predictions across equities, futures, foreign exchange, and crypto using virtual capital without financial risk. Perpetuals.com aggregates these user signals into its proprietary BayesShield AI system to guide its internal proprietary trading operations. The company earns revenue from its proprietary trading gains, sharing half of trading profits with contributing users while absorbing all trading losses. For institutional clients, Perpetuals.com licenses Kronos X, a white-label multi-asset trading platform, to banks, brokers, and fintechs. Kronos X provides the infrastructure for the company's regulated European multilateral trading facility and generates recurring revenue through volume-based licensing fees. Perpetuals.com is also developing barrier options derivatives through Barriers.com and infrastructure for tokenizing real-world assets. The company's strategy focuses on expanding its retail user base to improve its AI prediction models, growing proprietary trading returns, and distributing turnkey infrastructure to financial institutions.

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