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Former FTX Employees Launch AI Trading Platform Using Real Funds

Експерти, які працювали в FTX, представили нову платформу для торгівлі з використанням штучного інтелекту та реальних коштів. Photo: НВ — Техно

Introducing UpsideOnly: A New Service Goes Live

On May 22 at 2:00 PM, Perpetuals.com unveiled its latest offering, UpsideOnly. The platform leverages trade simulations to train an artificial intelligence system called BayesShield AI. Users can deposit between $1 and $500, with those funds held in U.S. Treasury bonds. In return, they earn rewards for providing accurate predictions, while the AI independently decides which trades to execute with real money.

How the Service Works and Why It’s Gaining Traction

UpsideOnly functions as a trading simulator for stocks, cryptocurrencies, and commodities. User actions feed into the AI model, which combines human-generated signals with market data and historical trading patterns. Founder Aaron Rudder explained,

“The core idea behind UpsideOnly is that users don’t risk their own capital but can still earn rewards for their forecasts.”
He added,
“Users without a deposit will earn very little—roughly $0.50 per market.”

The platform comes with distinct features:

  • If the algorithm incurs losses, users lose nothing;
  • When the system turns a profit, a portion of the gains goes to those whose predictions proved valuable.

Perpetuals.com CEO Patrick Gruhn stated,

“This new platform breaks away from traditional trading services, which typically profit from user losses.”
He continued,
“UpsideOnly flips that model: people contribute their ideas and forecasts, while we supply the capital for real trades.”

The service has sparked interest amid growing disillusionment with conventional trading platforms and prediction markets. Already, 80,000 users have joined the waitlist, signaling strong demand. Notably, the founders of Perpetuals.com—Aaron Rudder and Patrick Gruhn—previously worked at FTX’s European office before its collapse in 2022. This background adds a layer of credibility and industry insight to the venture.

The launch of UpsideOnly could mark a significant shift in financial technology, offering an alternative to traditional trading platforms that often rely on user losses. By incentivizing users to share predictions without putting their own money at risk, this new model may appeal to those seeking safer ways to engage with financial markets. The surging interest in the platform also highlights a growing need for innovative solutions during times of economic uncertainty.