what's trade[XYZ]?
trade[XYZ] is a decentralized perpetuals trading platform built on the Hyperliquid blockchain. It enables users to trade perpetual futures contracts on diverse assets including equities, cryptocurrency, and proprietary indices such as the XYZ100, which tracks the top 100 non-financial companies. Trading is available 24/7 with up to 20x leverage, deep liquidity, professional tools, and seamless integration via Hyperliquid's DEX abstraction features. The platform prioritizes accessibility with no gatekeeping, offering spot markets alongside perps and supporting custom applications through Hyperliquid APIs. Users gain early access via waitlists based on trading volume milestones, fostering community growth within the Hyperliquid ecosystem.
trade[XYZ] generated $7.5M fees, $3.75M revenue, $61B perps DEX volume growth, & 20%+ RWA share.
Links
x.com/trade.xyzGenerated $7.5M fees and $3.75M revenue over 30 days ending 2026-04-08, with $44M annualized revenue.
Generated $61B in perps DEX volume over 30 days ending 2026-04-08; handles $2B daily average for TradFi perpetuals on Hyperliquid, with oil futures accounting for 50%.
RWA perps reached over 20% of the DeFi derivatives market on multiple days in 2026.
Listed DraftKings, Hims and Hers Health, Costco, and Eli Lilly with 10x leverage on Hyperliquid.
Exceeded $100 billion in cumulative volume since October.
Purchased the $VIX ticker on Hyperliquid.
Triggered Auto-Deleveraging (ADL) on the CL market.
A whale opened 2x long positions totaling 57,250 xyz:SILVER (valued at $4.73M) across two wallets within a 2-hour period ending on 2026-03-05.
Ranks third by open interest among top 10 perpetuals DEXs as of April 9, 2026. Previously ranked #2 in open interest and volume among tokenless perpetual futures DEXs on March 27, 2026, with $2B open interest and 793% growth since early 2026.
Ranks fifth among perpetuals DEXs by 7-day trading volume as of February 9, 2026.
Featured in a curated list of seven early-stage RWA protocols positioned for potential growth as real-world asset repricing accelerates globally.
Reached record daily volume of $5 billion on 2026-04-08 following a silver rally.
Purchased URANIUM token for 2,196.17 HYPE (approximately $56,876) via Hyperliquid.
Could become the leading tokenized-stocks DEX
Hosts HyENA, a collaboration between Hyperliquid and Ethena, on its platform.
Provides 12% APY on USDe collateral deposits.
Operates on an invite-only access model.
Lowered funding rates to approximately 5.48% annualized.
Platform experienced bad liquidity events due to structural design issues of offering 24/7 perpetuals on non-24/7 underlying assets with low liquidity.
Market maker and delta neutral bots generate millions in trading volume within hours using small capital on the platform.
Generated $1B in equity perpetuals volumes last month, with 93% of valid markets beating Friday closes and 70% reduction in aggregate reopen error on Hyperliquid.
Launches 24/7 perpetual trading across stocks and crypto assets as an independent entity on Hyperliquid's EVM stack with Privy security.
Holds 87% of HIP-3 perpetuals trading volume and 92% of open interest on Hyperliquid.
tradexyz ranks 4th among crypto Twitter accounts for smart follower growth in recent days.
$NVDA equity token launches on the platform via hyperunit deployment, marking expansion into equity trading alongside $TSLA as the first two equity listings on hyperliquid.
The project is new and described as under-farmed, with an airdrop expected in 2026 that is predicted to be the biggest airdrop of that year. The project is positioned to attract institutional traditional finance capital to crypto, and farming opportunities are currently available.
XYZ100 RWA perp market tracking Nasdaq futures generated $30M volume in first 24 hours and reached $63M volume with $15M open interest within two days of alpha launch to 100 waitlist users.
Secured deal with S&P and Nasdaq for traditional assets onchain in Americas; launched S&P 500 index perpetual futures via Hyperliquid with up to 50x leverage, March 18, 2026.
Early access is available for a perpetual trading platform offering 24/7 trading on any asset, though the source is promotional content containing referral links and speculative claims.