Odaily reports that PERPTools has announced it has raised a cumulative $8 million through two rounds of token financing, including a $3 million pre-seed round and a $5 million seed round, with participation from BigBrain Holdings, NEAR, Animoca Brands, Sfermion, and Shima Capital, among others. The project is an AI perpetual contract trading platform built by DEXTools developers and plans to conduct a token generation event in Q4 2026.

Odaily reports that multi-chain DEX Jumper announced on X that Jumper Perps has been opened to the top 1000 XP-ranked holders, inviting eligible users to participate in early testing and provide feedback.

Odaily News: Ondo Perps CEO David Wells stated that there is a huge opportunity in the U.S. perpetual futures market, and it makes sense for Ondo to explore this market, though he did not confirm whether the company will launch a perpetual futures product in the United States. Perpetual futures products targeting the U.S. market may differ from those Ondo offers outside the United States.

Odaily reports: Bybit has officially launched TradFi perpetual options, supporting 24/7 trading for underlying assets such as SPCX, TSLA, NVDA, QQQ, and SOXL, with support for small-size orders and USDT settlement, no brokerage account required.The campaign runs from September 28 to October 27. During this period, users can sign up to participate and share in two major prize pools:1. New users with no prior trading history in this product before the campaign who place a first valid order with a trading volume of at least 50 USDT will each receive 5 USDT, limited to the first 1,000 users;2. The trading volume challenge unlocks prize pools based on the cumulative valid trading volume of all participants, up to a maximum of 65,000 USDT, with the top 50 individuals by valid trading volume sharing the rewards.

According to an official announcement, OKX will list XDPUSD-margined X-Perpetual (X-Perp) on its website, App, and API. Detailed rules are as follows: the supported trading pair is XDPUSD UM (X-Perp), and the trading start time is 23:00 (UTC+8) on September 28, 2026.

Odaily reports that according to Coingecko data, the price of Rhea, the token of Near ecosystem cross-chain DeFi project Rhea Finance, has broken above $0.19, with a 24H gain of 131% and a 7-day gain of 466%.It is reported that the project provides lending, yield, cross-chain bridge, and Perp services on Near, and is currently the largest DeFi ecosystem project on Near.

Odaily News: Blockworks analyst Shaunda Devens posted on X that Polymarket's current FDV valuation of approximately $1.5 billion for Variational is somewhat overly optimistic. This pricing directly applies Hyperliquid and Lighter-level valuation-to-revenue multiples to a platform that still relies on points subsidies. By comparison, the median first-day "FDV / annualized revenue" ratio for recently launched Perp DEX tokens is only 6.3x (Variational is currently around 57x), and within the first month after TGE, trading volume typically drops sharply by a median of 54%.Shaunda added that if conservative assumptions based on historical precedents are adopted (using the median first-day "FDV/annualized revenue" ratio of 6.3x), Variational's fair valuation would be only $167 million, corresponding to a points price of $4.8–$5.4. Even using the highest recent ratio precedent (Lighter's approximately 21.1x), its valuation would still only be about $558 million, corresponding to a points price of $16–$18.However, Shaunda also explained: "To be clear, given that current market risk appetite is clearly in a Risk-on state, we do not believe Variational's valuation at TGE will fall to the extremely conservative range mentioned above. These historical multiples are listed to illustrate that current pre-market OTC pricing may be overly optimistic."

Odaily reports that Perp DEX protocol Variational posted on X: "With the Swap feature now officially live (and more trading markets continuing to roll out), our next major initiative is the Omni trading API. Previously, all trading could only be done through the frontend interface. Soon, traders will be able to programmatically trade across the 550+ traditional finance and crypto markets already available on Omni."

Odaily News: On September 24, Ave.ai announced the listing of the $OURA contract trading pair, providing users with a trading gateway to Oura Pre-IPO related assets.Oura is a global smart health platform. Its core product, the Oura Ring, continuously collects physiological signals such as sleep, activity, readiness, and heart health in a ring form factor, and provides personalized health insights. It has become one of the most representative companies in the wearable health sector.It is reported that Ave.ai's listing of $OURA contract trading will further enrich the platform's contract trading asset offerings, providing users with more trading opportunities around health tech, wearable devices, and Pre-IPO market trends.Currently, Ave.ai supports up to 5x leverage for $OURA contract trading.

Odaily Report: Quantitative analyst Beni posted on X that Kalshi ETH-PERP currently has open interest of approximately $3.1 million, with 24-hour trading volume reaching $538.6 million, equivalent to an average daily turnover of about 174 times the entire open interest position, completing a turnover approximately every 8 minutes and 18 seconds; its largest single position is approximately $17,600.Beni stated that Kalshi's previously submitted filing to the CFTC shows that eligible self-clearing member market makers can receive a 0.3 basis point rebate, while takers pay 0.3 basis points, resulting in a combined trading cost of 0 basis points for both parties. He also mentioned that Kalshi and Jump Trading had reached a cooperation arrangement exchanging liquidity for equity, and questioned that the platform's method of calculating trading volume by number of contracts traded and displaying it with a dollar sign may cause misunderstanding.