$5m · Other round · Fintech · Oviedo, Spain
PERPTools has raised $5m in seed funding from Big Brain Holdings, NEAR Foundation, Animoca Brands, Sfermion and Shima Capital, according to the company’s September investor data room. The Oviedo-based company is building a self-custodial trading venue that combines perpetual futures, spot trading, prediction products and configurable AI trading agents.
The $5m seed follows a $3m pre-seed backed by DEXForce, Orderly Network and DEXTools Ventures. Together, the two token rounds account for the company’s reported $8m cumulative funding; an additional strategic extension remains open ahead of a planned token-generation event.
Distribution is part of the trading stack
PERPTools’ core product is a perpetual-futures exchange using Orderly Network’s shared order book. Its product documentation says traders keep custody of their assets while accessing shared liquidity across chains. AI Arena lets users configure trading agents in natural language, while Tap Prediction offers short-duration price calls starting at $0.10.
The distribution model is as important as the feature set. DEXTools acts as a discovery channel: supported token pages can link traders directly into PERPTools, joining analysis and execution without requiring the company to acquire every user independently. The company says DEXTools reaches more than 30 million traders, though its current documentation clarifies that PERPTools is linked from the service rather than embedded inside it.
That channel can reduce acquisition friction, but PERPTools still has to turn browsing intent into repeat trading. A single balance across spot, perpetuals and prediction products gives users fewer reasons to move funds between venues. It also gives the company several fee-generating actions around the same customer relationship, rather than relying on one market or trade type.
Agents turn performance into a marketplace
The company reported $240m in cumulative beta perpetuals volume, 38 live AI agents and more than $1m in its Tap pool in its September data room. Those are company figures, but they show how the agent layer could become more than a software feature: creators can publish strategies, followers can fund them, and trading activity generates fees and creator rebates.
That mechanism also concentrates the execution risk. Agents trade leveraged products, and a short public performance history is not the same as durable risk-adjusted returns. PERPTools says users can compare on-chain profit-and-loss records; the commercial test is whether transparent records and shared liquidity are enough to earn trust once incentives and early-launch activity normalise. The seed round gives the company capital to pursue that test while its token launch remains a planned milestone, not a completed one.
