DEXTools’ PerpTools Raises $3M to Bring On-Chain Perps to 30 Million Built-In Users

The race for dominance in on-chain perpetual futures is already crowded, but few new entrants arrive with an audience already in place. 

PerpTools, a newly launched perpetual futures platform built by the team behind DEXTools, has raised $3 million in seed funding led by DEXForce and Orderly. More importantly, it enters the market with something most rivals spend years trying to build – direct access to DEXTools’ existing user base of more than 30 million traders.

Rather than asking users to leave one platform for another, PerpTools is being embedded directly into the DEXTools environment. For traders already using DEXTools for token discovery, analytics, and execution, the move into perpetuals is meant to feel native.

The Importance of the DEXTools Integration

The timing is notable. Perpetual futures remain one of the most active and competitive corners of crypto trading, with platforms like Hyperliquid capturing significant attention by combining speed, liquidity, and a smoother user experience than many older decentralized venues.

PerpTools is clearly a runner in the same race, but it has a different starting point.

Instead of presenting itself as a standalone protocol trying to win attention from scratch, the team is marketing PerpTools as an infrastructure and tooling layer plugged into a much larger trading ecosystem.

Distribution is often one of the hardest problems in DeFi. Many products have decent technology but struggle to attract enough consistent users to matter. PerpTools skips that stage altogether by launching directly inside a platform traders already know.

Early Traction Suggests Real Demand

According to the team, PerpTools has already generated nearly $150 million in trading volume during its private beta. Internal performance is being monitored through a custom dashboard and analytics stack that tracks wallet connections, trader activity, executed trades, API usage, and strategy runs.

Private beta numbers do not guarantee long-term retention, but they do suggest that there is already real demand for integrated perps access inside the DEXTools environment. For a new trading product, that points to more than passive curiosity and suggests users are willing to test the platform in live conditions before the public mainnet rollout expected in late Q2 2026.

DEXTools Wants to Become More Than an Analytics Platform

For DEXTools, the launch is part of a broader effort to evolve beyond analytics and become a fuller on-chain trading stack. 

Javier Palomino Fernández, CEO and co-founder of DEXTools, said in a press release that the company originally built its platform to give traders deeper visibility into on-chain activity and sees PerpTools as a natural extension of that mission into futures markets.

If users already rely on DEXTools to interpret the market, there is a strong case for also giving them the ability to trade it in the same place. That would move DEXTools further from being a companion interface and closer to becoming a central hub for how traders discover, analyze, and act on market opportunities.

Infrastructure, Liquidity, and the Orderly Advantage

PerpTools’ CEO Evgen Tokarev described the product as a response to familiar issues in crypto trading, such as fragmented tools, unclear fees, and unreliable analytics. The platform’s answer is to combine execution, analytics, automation, and liquidity in one environment rather than forcing traders to stitch those functions together themselves.

Its infrastructure partner also matters here. PerpTools is built on Orderly’s liquidity layer, giving it access to deep order books and rapid settlement without having to build all of that market structure from scratch. 

Ran Yi, CEO and co-founder of Orderly Network, said the partnership is meant to bring sub-second settlement and stronger liquidity conditions into decentralized perpetuals trading while preserving on-chain transparency. In a category as competitive as perps, that may prove decisive. Interface quality matters, but execution quality matters more.

What’s Next for PerpTools

The roadmap does not stop at vanilla futures trading. The team says the upcoming public launch will be accompanied by a major airdrop for early adopters and liquidity providers. Future features are expected to include copy trading, rule-based automation, and prediction-market integrations, alongside the rollout of the PERP token.

Ultimately, PerpTools is DEXTools’ attempt to become a more complete trading venue at a time when the boundaries between analytics, execution, and automation are collapsing. Whether it can truly challenge platforms like Hyperliquid will depend on liquidity quality, trader retention, and how effectively it converts DEXTools’ massive audience into active perps users. 

But in a market where most new exchanges begin with an uphill battle for attention, PerpTools is starting from a very different place.