THE GIFT THAT KEEPS ON GIVING: Clutch Markets Will Use A Portion Of Fees From Its Upcoming Perp Trading And Leveraged Prediction Markets To Sweep Apes
- Kyle
- 14 hours ago
- 2 min read
The Bored Ape Yacht Club got a gift that will keep on giving this Christmas after ApeCo Head of DeFi 0xSimpleFarmer announced that a portion of revenue from his Clutch Markets platform will go toward perpetual primate buybacks when it launches in early 2026!
Amid the holiday hoopla across the timeline this week, ApeChain’s native Polymarket style parlay platform, Clutch Markets, left a gift under the metaphorical tree that could benefit Apes for years to come.
“Clutch Labs 2026 Q1: v4 leveraged prediction markets, Clutch Perps (w/20% of fees to a perpetual BAYC buyback NFT treasury), Twilo TWAPs + more,” he company tweeted along with a Christmas video featuring Santa Cluch!
While SimpleFarmer has been planning to expand Clutch Markets to include perpetuals similar to platforms like Hyperliquid and make multi leg parlays a thing like traditional gambling sites, he recently decided to dedicate a portion of the platform’s proceeds to sweeping Apes after seeing the success of protocols like TokenWorks’ Strategy coins and through his recent partnership with Bored Counsel.
SimpleFarmer says that even modest volume on Clutch could have a meaningful impact on the BAYC floor.
“I believe the key thing that the nft strategy ( Tokenworks launches tapped into well ) was DeFi revenue , token swap fees rerouted into nft buy pressure clearly resonated with communities , I thought to myself what is the number one crypto revenue generating protocol in the world ( it’s perps dexs ) by a long shot , given my history now at ApeCo and the support I have recieved from club members as well as my new partners at bored counsel I chose to do this to give BAYC a DeFi overdrive mode , if we can touch even 5% of the perps volume created by for example the perps dex hyperliquid that would equat to tens of millions of dollars of buy pressure on the BAYC collection.”
As the Gazette previously reported, Clutch Markets first launched in the ApeChain ecosystem with its Clutch Puppies mint back in May 2025.
Since then, the project has launched its flagship decentralized polymarket parlay platform, Clutch Markets, a peer to peer betting platform dubbed ApesPredict, an NFT exchange system called Secret Santa, and a game called Ape69 that lets users bet whether the price of ApeCoin and other major cryptos will be higher or lower 69 seconds from now!
