Perpetuals.com Launches UpsideOnly Platform Using BayesShield AI for Simulated Trading

Perpetuals.com says UpsideOnly lets retail users share 50% of profits from BayesShield AI-selected simulated trading strategies, while CEO Patrick Gruhn states he has committed $100 million to the effort.

Summary

Perpetuals.com has launched UpsideOnly, a trading product led by former FTX Europe executive Patrick Gruhn that is aimed at giving retail users access to profits generated by an AI-driven model without committing upfront client capital. According to the company, BayesShield AI was trained on 22 billion historical trades, selects simulated trading strategies, and the platform shares 50% of profits with users. Gruhn said he has committed $100 million and is seeking several hundred million dollars for proprietary trading. The launch is framed as a lower-risk, broader-access model for non-institutional participants, though the available information does not specify launch jurisdiction, supported assets, regulatory structure, or detailed profit-allocation mechanics beyond the 50% share.

Terms & Concepts
  • BayesShield AI: The AI model used by UpsideOnly to select simulated trading strategies; according to Perpetuals.com, it was trained on 22 billion historical trades.
  • Proprietary trading: A trading firm using its own capital rather than client funds to take market positions and pursue returns.
  • Retail traders: Individual investors who trade with their own money rather than on behalf of a financial institution or professional fund.