Former FTX Executive Launches AI Trading Platform UpsideOnly with "Zero Capital" Model

Former FTX Executive Launches AI Trading Platform UpsideOnly with "Zero Capital" Model

2026-05-19 21:43

ChainThink report, May 19: According to Bloomberg, Patrick Gruhn, former European head at FTX, has launched Perpetuals.com Ltd., which introduced the AI-powered trading platform UpsideOnly.

The platform enables users to crowdsource simulated trades on assets such as oil, gold, and equities. AI models identify the most profitable trade signals, which the platform then executes with its own capital in live markets. If a trade generates profit, the platform allocates half of the gains to the trader who provided the effective signal.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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