Perpetuals.com Ltd (NASDAQ: PDC) reported $4.5 billion in trading volume on its UpsideOnly platform during its first two weeks of operation and announced a partnership with Datavault AI Inc. (NASDAQ: DVLT) for tokenized commodity trading.

The UpsideOnly platform attracted more than 30,000 active users from 185 countries, generating the $4.5 billion in cumulative volume across 186,000 fills and 25 instruments. Gold was the top-traded instrument with $1.4 billion in volume, followed by bitcoin at $1.2 billion, with precious metals representing approximately 35% of total platform activity.

UpsideOnly operates as a trading and market prediction platform where users make predictions across global markets and share in profits when validated by the company's proprietary AI system, without using their own money.

The company signed a Mutual Services Agreement with Datavault AI to list commodity token programs on the Perpetuals exchange platform. The agreement initially covers the MTB Copper project and includes provisions for expansion to programs involving gold, copper, geothermal energy, U.S. critical minerals, and European iron-nickel resources. These programs carry a combined targeted issuance of more than $328 million.

Trading is targeted for PM MTF Ltd., the EU-licensed Multilateral Trading Facility operated on Perpetuals's technology platform.

"The past two weeks have made clear that Perpetuals is building something that fills a major need in the market," said Matthew Nicoletti, Chief Strategy Officer and Director of Perpetuals.

"Perpetuals has built the regulated infrastructure that physical commodity tokenization needs and has been missing," said Nathaniel T. Bradley, CEO of Datavault AI.

The information is based on a press release from Perpetuals.com Ltd.