Ex-FTX Exec Launches AI Trading Platform: Profit Without Risking Your Cash!

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Ex-FTX Executive Launches AI Trading Platform With No User Risk

Key Highlights

  • Former FTX Europe executive Patrick Gruhn launched UpsideOnly through Perpetuals.com.
  • Users submit market predictions, while the company funds and executes trades using its own capital.
  • Profits are shared with users if their predictions are successful, while losses are absorbed entirely by the company.

UpsideOnly, a new trading platform powered by artificial intelligence, launched on Tuesday. Led by Patrick Gruhn, a former executive at FTX Europe, the platform allows users to profit from their market predictions without putting any of their own money at risk.

The company says its platform covers major financial markets – including stocks, cryptocurrency, commodities, and foreign exchange. It operates by using the company’s own funds to make actual trades based on users’ predictions.

Introducing UpsideOnly, a new platform for trading and making predictions. What makes it different? Users can participate in global markets without the risk of losing their own money – we believe this is the future of finance.

— Perpetuals Group (@Perpetuals_com) May 19, 2026

How UpsideOnly works 

People share their views on where the market is headed – for example, if they think Bitcoin will go up or oil prices will go down. These predictions are then assessed by BayesShield AI, a unique algorithm developed by Perpetuals.com. The company claims it trained this algorithm using data from over 22 billion past trades made by individual investors.

This system evaluates each potential trade idea to see if it’s promising enough to execute. If it is, the company invests its own money to make the trade. Users who submit successful ideas then receive a portion of any profits earned. Importantly, users don’t risk any of their own money – they won’t lose anything if a trade isn’t made or results in a loss.

No deposit needed and bot control

Perpetuals.com allows users to join and earn rewards without making a deposit. However, a small, fully refundable deposit of $1 or more is optional. This deposit isn’t used for trading; it’s simply a way to minimize fake accounts and automated bots.

Depositors may earn even greater rewards. The company explains that these funds are securely held in U.S. Treasury bills by a professional management firm, and users have full access to withdraw their money whenever they need it.

The platform’s AI has been trained on a massive dataset. The company states that BayesShield AI learned from over 22 billion completed retail transactions.

This allows the system to understand how traders typically act in various market conditions. The AI combines this knowledge with insights from human predictions to generate more effective trading recommendations. With each new user and prediction, the system continuously learns and becomes more accurate.

Why the platform was created

UpsideOnly aims to address a common issue in stock trading: many individual investors lose money because most platforms are designed in a way that disadvantages them. The company believes it can change that.

The company estimates that individual investors lose over $12 billion annually in traditional markets. UpsideOnly aims to address this by eliminating financial risk, allowing users to concentrate solely on the accuracy of their predictions rather than worrying about losing money.

According to Gruhn, the way most retail trading platforms operate isn’t about helping people invest—it’s a system designed to profit from their losses. He argues these platforms are built to take money from those who can least afford it, falsely presented as a way to build wealth.

He said this new model is different because it puts both users and the company on the same side.

Gruhn’s connection with now bankrupt FTX 

Gruhn led FTX Europe. He first became involved with the company in 2021 when FTX bought DigitalAssets.AG, a Swiss firm he helped start.

This happened a year before FTX went bankrupt in 2022. Afterwards, the company sued Gruhn and his former partners, claiming Sam Bankman-Fried had paid far too much for DigitalAssets.AG and they were trying to recover over $300 million.

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2026-05-19 21:26