Opened WebSocket API to professional market makers for order book liquidity provision.

Handles order flow fairness through offchain order matching with deterministic sequencing rules before onchain settlement, according to trader analysis of the design.

Token utility includes fees, access, buybacks, and governance functions.

Will reveal its roadmap on December 22, 2025.

Hosted or participated in an event on December 22, 2025 focused on hybrid perpetuals trading and platform architecture.

Awards Rails Points to users even when trading evaluation runs are not successful.

Token Generation Event planned for Q1 2026; platform achieves CIMA registration and VASP/SIBA alignment with complete KYC/KYB compliance framework.

Rails Play launches as a perpetual trading platform with a $20 minimum entry point, offering up to $500 in trading credit and boosted Rails Points rewards.

Users must complete at least one Evaluation Quest to qualify for point conversion, establishing a mandatory participation requirement for the token distribution program.

Rails ID launches as an on-chain trading credential system that tracks DEX volume, perps volume, fees, and gas percentile to unlock quests and boost rewards. The platform features a 300K weekly leaderboard competition and allocates 40% of total $RAILS token supply to the community.

Token distribution allocates 40% of $RAILS supply to the community, with token launch scheduled ahead as users accumulate points through Rails Play and trading activities.

Rails ID claims are now live, with users claiming their IDs and earning Rails ID Points through DEX volume history tracking.

Platform launches simulated trading feature where $20 grants access to $100k in simulated capital, with users earning real trading credit based on performance.

Rails ID launch shifts to next week to add key features that enhance trading capabilities.

Introduces Rails ID, a unified trading identity system for the platform, with claims opening soon.

Phase II launches with 3,000,000 Participation Points allocated for active traders as rewards.

Two additional backers revealed: R13 and Quantstamp (joining previously announced Slow, CMCC Global, and Kraken). Platform built on Inkchain (Kraken's blockchain) with audited smart contracts.

Token launch scheduled for Q1 2026, with the Cookie campaign now officially live.

Platform launches on Cookie from November 27 to February 2026 with $20M raised from Kraken, Slow Ventures, and CMCC, allocating 500K $RAILS (0.5%) to snappers and 40% to trading/referrals.

Launches ambassador program with first member announced and actively recruits content creators for fast program expansion.

An event launches in 7 hours and requires registration.

Platform achieves $3B+ in total volume.

Community growth metrics show Twitter followers increased from 7k to 17k and Discord members grew from 10k to 30k in the past few days.

Launches Rails Express Ticket campaign where users claim tickets in Discord, post on X, and receive Passenger role as part of community rewards program.

Stellar (XLM) listing goes live on the platform with 5x leverage trading available for both long and short positions.

Secures $20M funding from Kraken, CMCC Global, Slow Ventures, Round13, and Quantstamp. Platform surpasses $2B+ in volume with 40% of token supply allocated to community for December TGE.

TGE planned for December. Platform operates a points-based rewards system for trading activity.

Satraj Bambra serves as Co-Founder and also holds the position of Managing Partner & CIO of Round13. Bambra provides public commentary on a $19B market cascade failure involving mispriced oracles and excess leverage.