TradeXYZ2026-07-25 20:47:24TradeXYZ frontend draws 26,627 users who had not previously used referral codes on HyperliquidOdaily reported that HyperliquidNews said in a post on X that 26,627 users who had never previously used a referral code on Hyperliquid have now traded through the @tradexyz frontend. According to the post, that activity generated $607,000 in revenue for Trade[XYZ] and produced $130 billion in referred trading volume. The update focused on users who were new to Hyperliquid’s referral-code usage rather than the platform’s total user base. No additional details on the time period or transaction breakdown were disclosed in the source item.1940
Hyperliquid2026-07-24 09:52:26HyperliquidNews says HIP-3 DEX tradexyz has topped $400 billion in volumeOdaily reported that HyperliquidNews posted on X that HIP-3 decentralized exchange tradexyz has recorded more than $400 billion in trading volume. The post also said the platform has reached 348,249 independent traders. No additional timeframe, on-chain breakdown, or operating metrics were provided in the source input, and the update was presented as a brief market bulletin.760
ChainFeeds2026-07-17 02:33:31ChainFeeds Research roundup tracks Wintermute’s machine economy thesis, Base’s strategic pivot, and Trade[XYZ] on HIP-3ChainFeeds published a new research roundup on July 17, pulling together five separate pieces on crypto privacy, Wintermute’s view of the next cycle, U.S. equity valuations, Base’s strategy reset, and Trade[XYZ]’s market-building model on Hyperliquid. One article said privacy tokens gained 127.3% over the past year even as most crypto sectors fell, while also noting that 73 exchanges had delisted privacy tokens in 2025. Another argued that crypto’s next major opening may come from the “machine economy,” where AI agents, robots, and autonomous systems need payment, identity, authorization, and settlement rails. The newsletter also highlighted a valuation piece on U.S. stocks that said standard market-wide indicators remain near historic highs and that valuation dispersion between growth and value is sitting in extreme percentile ranges. On Base, the roundup focused on Jesse Pollak’s admission that the network “bet right on builders, but bet wrong on social,” alongside his decision to step back from leading Base App while continuing to lead the Base chain itself. The final feature examined Trade[XYZ], saying it has built 92 markets and captured 98% of HIP-3 trading volume, with the analysis centered on listing speed, liquidity depth, market-maker participation, and after-hours risk controls.1730
TradeXYZ2026-07-16 22:54:56TradeXYZ liquidator recovers $739,000 after SPCX position drops 10% in secondsTradeXYZ’s liquidator recovered $739,000 after an SPCX position fell 10% within seconds, according to monitoring cited by Odaily and attributed to HyperliquidNews. The brief update did not include additional details on the position size, the trading venue mechanics, or the sequence of actions that led to the recovery. Odaily published the item as a 7x24 market flash, and the original note was limited to the core figures: the asset involved, the speed of the move, the 10% decline, and the $739,000 recovered amount. No further context was provided in the source text.1860
TradeXYZ2026-07-16 06:19:13How Trade[XYZ] Built 92 Markets on Hyperliquid and Reached 98% of HIP-3 VolumeA data-heavy analysis by Mohit Pandit, translated by TechFlow and cited by MarsBit, argues that Trade[XYZ] should be viewed as a value-add to Hyperliquid rather than a threat to it. Using data through June 2026, the report says Trade[XYZ] built institution-grade perpetual markets for equities, indexes, commodities and FX in just eight months, now accounting for roughly 98% of HIP-3 volume across 92 listed markets. The core claim is that Hyperliquid’s model is working as designed. Trade[XYZ] handles market deployment and day-to-day risk operations, while Hyperliquid keeps the exchange layer, user activity, front-end flow, auction demand and a share of fees. The report says about 97% of trading in Trade[XYZ] markets still happens through Hyperliquid’s own app and API, not through third-party front ends, and that these markets have brought more than 300,000 distinct wallets to the platform. The analysis also breaks down market depth, onboarding speed, maker concentration, fee structures and risk controls such as discovery bounds, liquidation protection and reduced funding multipliers for pre-IPO products. It estimates HIP-3 traders have paid about $37.9 million in fees so far, with roughly $14.3 million flowing to Hyperliquid’s protocol share and HYPE buybacks, and another $14.3 million accruing to the deployer. The author’s broader point is that Trade[XYZ] has shown HIP-3 can support professional operators building deep non-crypto perpetual markets on top of a neutral exchange base.1920
Hyperliquid2026-07-13 22:10:16Hyperliquid’s HIP-3 market nears 50% of perp volume as on-chain equity demand growsHyperliquid’s HIP-3 market has expanded quickly, with its share of the platform’s total perpetual futures trading volume rising from about 2% at the start of the year to nearly 50%, according to Odaily. HIP-3 is Hyperliquid’s permissionless framework that lets developers deploy perpetual contract markets. The increase has coincided with rising retail interest in on-chain stock trading. At present, the HIP-3 segment is led mainly by TradeXYZ, which has rolled out markets including XYZ100, a contract tracking the Nasdaq 100 Index, as well as single-stock related contracts tied to names such as Nvidia and Tesla. The figures point to a sharp shift in where activity is occurring inside Hyperliquid’s perp ecosystem, with developer-launched markets taking a much larger share than they did earlier this year.1420
ChainCatcher2026-07-13 22:28:48Hyperliquid News says more than $3.33 billion in positions have been liquidated on tradexyzChainCatcher reported in a brief news update that, according to monitoring by Hyperliquid News, more than $3.33 billion in positions have already been liquidated on tradexyz. The update did not specify the time frame over which the liquidations occurred, nor did it include additional market data or trading context. The report was published as a 7x24 newsflash.1820
tradexyz2026-07-13 10:33:30tradexyz to list KSTR, an ETF tied to China’s STAR Market 50 Indextradexyz is set to list the Science and Technology Innovation Board 50 ETF, trading under the ticker KSTR, according to Hyperliquid News cited by Odaily. The product is issued by U.S.-based KraneShares and carries the full name KraneShares SSE STAR Market 50 Index ETF. It tracks the SSE Science and Technology Innovation Board 50 Index, also known as the Shanghai Stock Exchange STAR Market 50 Index. The update points to a new ETF listing on tradexyz and identifies both the issuer and the benchmark followed by the fund.1900