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trade.xyz is a perpetual platform that can be used to trade any commodity, including stocks.
trade.xyz and HPC Jointly Submit Letter to CFTC, Calling for a US Regulatory Path for Energy Perpetual Contracts and 24/7 Trading
Odaily News: trade.xyz stated on the X platform that it has jointly submitted a comment letter with @HyperliquidPC to the U.S. Commodity Futures Trading Commission (CFTC), calling for the establishment of a regulated U.S. market path for energy perpetual contracts and 24/7 trading. The company stated that during this year's crude oil market shock, the energy market remained open while the benchmark market was temporarily closed; on multiple weekends, trade.xyz became the primary venue for price discovery.The comment letter states that on February 28, the Middle East conflict disrupted energy exports from the region and unsettled global supply chains. During the oil market closure, U.S. airlines, refiners, and fund managers holding crude oil exposure lacked a regulated venue to respond until futures markets reopened on Sunday evening. On March 9, Brent crude prices approached $120 per barrel at one point, and jet fuel prices doubled within weeks.The comment letter states that during the first weekend following the conflict, market participants outside the U.S. were able to manage crude oil exposure through the crude oil perpetual contract on Hyperliquid; from Friday's close until the benchmark market reopened, approximately two-thirds of the price movement had already occurred on-chain.The CFTC has previously allowed the first batch of digital asset-backed perpetual contracts to trade as futures on U.S. exchanges, and is soliciting comments on issues related to energy perpetual contracts, including contract design, reference prices, market integrity, clearing, customer protection, and continuous trading.The comment letter states that trade.xyz is the first and largest third-party perpetual contract market deployment on Hyperliquid, and its WTI, Brent crude, and Henry Hub natural gas markets have accumulated a total trading volume exceeding $500 billion since their launch in October 2025. The comment letter further states that in its research sample, during approximately 75% of weekend market closures, the weekend price of the crude oil perpetual contract was closer to the benchmark market's Friday close than the benchmark market's Sunday reopen price; since the launch of the crude oil perpetual contract, CME WTI reopening quality has not shown statistically significant deterioration.The comment letter recommends setting asset-class-specific leverage limits for U.S. market participants engaging in energy commodity perpetual contracts, disclosing funding rates and liquidation mechanisms in plain language, and implementing other market integrity safeguards, while also allowing compliant markets to use on-chain infrastructure for trade execution, margin management, clearing, settlement, and recordkeeping.
CME CEO: trade.xyz and Hyperliquid Are Having a Real Impact on the U.S. Market
Odaily News: CME Group Chairman and CEO Terry Duffy said this morning at a CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a tangible impact on the U.S. market. trade.xyz, a leading market builder on the Hyperliquid chain, focuses on perpetual contracts for equities, commodities, and pre-IPO assets, and its trading volume already accounts for a significant share of Hyperliquid's activity. Terry Duffy has previously voiced concerns on multiple occasions regarding leverage and regulatory issues associated with such offshore platforms. Additionally, Terry Duffy clashed with CFTC Chairman Michael Selig and Kalshi Chief Operating Officer Luana Lopes Lara over prediction market regulation. Duffy noted that certain prediction market contracts carry manipulation risks, particularly those listed via self-certification. He pointed out that contracts tied to the content of the President's State of the Union address and the timing of Venezuelan President Nicolás Maduro's departure from office may be susceptible to manipulation, adding that this is detrimental to the entire industry.
trade.xyz: Compensation for Hynix Contracts Abnormal Liquidation Event Partially Distributed
trade.xyz stated that compensation for the July 27 Hynix contract pricing anomaly incident has been partially distributed, and users can receive USDC without additional action. Compensation exceeding 10,000 USDC will be distributed after due diligence is completed before August 15.
trade.xyz Completes Partial Compensation Distribution for Hynix Contract Anomaly Liquidation Event
Odaily News, August 1: trade.xyz has announced the completion of compensation distribution for the Hynix contract pricing anomaly event that occurred on July 27. Users will receive their corresponding USDC compensation without any additional action required.According to the announcement, compensation amounts are calculated based on a reference price of $1,115.5. Users with compensation under 10,000 USDC will receive the full amount directly; for amounts exceeding that threshold, an initial distribution of 9,999 USDC will be issued, and users must contact support to complete due diligence before August 15 to claim the remaining balance.At 23:01 UTC on July 27, the marked price of the SK Hynix token on trade.xyz briefly dropped from $1,127.9 to $917.25, triggering forced liquidations across numerous long positions.
Samsung Delivers Industry’s First HBM4E Samples, Driving Stock Price Up 4%; A Trader Profited Early After Taking a 10x-Leverage Position Yesterday
According to Hyperinsight monitoring, Samsung Electronics has become the first company in the industry to ship HBM4E samples to major global customers. Boosted by this news, its stock price reversed several days of declines, rising 4% intraday. The SAMSUNG contract deployed on the Hyperliquid platform via trade.xyz is currently trading at $206.6, with its intraday high briefly surpassing $210—returning to levels near its previous peak.
Hyperliquid’s single-day net inflow of USDC surged past $173 million, hitting a 10-month high.
According to Hyperinsight monitoring data, Hyperliquid’s cross-chain bridge has seen a significant increase in capital inflows. As of yesterday (approximately 10 hours ago) UTC time, USDC bridged into Hyperliquid over the past 24 hours exceeded $268 million—its highest level since February 7. Net inflows surpassed $173 million, reaching the highest level in nearly 10 months (since August 22 last year). On the same day, the total value locked (TVL) across Hyperliquid’s cross-chain bridges reached $4.02 billion. At press time, Hyperliquid’s trading volume over the past 24 hours stood at $7.84 billion, with open interest totaling $9.6 billion. Meanwhile, trade.xyz recorded a 24-hour trading volume of $2.59 billion and open interest of $2.49 billion during the same period.
trade.xyz launches Events feature, supporting cross-asset unified account trading
According to an official post from trade.xyz, trade.xyz has officially launched its Events feature, further advancing its vision of establishing Hyperliquid as a universal exchange. Users can execute a variety of operations through a single unified account, including depositing spot BTC, borrowing USDC, opening SpaceX pre-IPO perpetual contracts, hedging against SK Hynix earnings events, and predicting US Open outcomes. The Events market spans sports, politics, economic, and financial sectors. Initially rolling out Up/Down contracts for stocks, commodities, and pre-IPOs, pricing is settled based on the trade[XYZ] perpetual contract market price, rather than relying on external oracles.
trade.xyz Launches Events Feature, Initial Up/Down Markets Cover Stocks, Commodities, and Pre-IPO Assets
trade.xyz posted on X that it has launched Events, aiming to develop Hyperliquid into a unified trading system for trading financial assets and real-world outcomes. Users can deposit spot BTC into their unified trade.xyz account, borrow USDC through portfolio margin, open pre-IPO perpetual contract positions on SpaceX, use event markets to hedge against the upcoming SK Hynix earnings event, and pick the US Open champion. Events will cover sports, politics, economics, and financial markets; the initial Up/Down markets cover stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the source for contract settlement.
trade.xyz and HPC Jointly Submit Letter to CFTC, Calling for a US Regulatory Path for Energy Perpetual Contracts and 24/7 Trading
Odaily News: trade.xyz stated on the X platform that it has jointly submitted a comment letter with @HyperliquidPC to the U.S. Commodity Futures Trading Commission (CFTC), calling for the establishment of a regulated U.S. market path for energy perpetual contracts and 24/7 trading. The company stated that during this year's crude oil market shock, the energy market remained open while the benchmark market was temporarily closed; on multiple weekends, trade.xyz became the primary venue for price discovery.The comment letter states that on February 28, the Middle East conflict disrupted energy exports from the region and unsettled global supply chains. During the oil market closure, U.S. airlines, refiners, and fund managers holding crude oil exposure lacked a regulated venue to respond until futures markets reopened on Sunday evening. On March 9, Brent crude prices approached $120 per barrel at one point, and jet fuel prices doubled within weeks.The comment letter states that during the first weekend following the conflict, market participants outside the U.S. were able to manage crude oil exposure through the crude oil perpetual contract on Hyperliquid; from Friday's close until the benchmark market reopened, approximately two-thirds of the price movement had already occurred on-chain.The CFTC has previously allowed the first batch of digital asset-backed perpetual contracts to trade as futures on U.S. exchanges, and is soliciting comments on issues related to energy perpetual contracts, including contract design, reference prices, market integrity, clearing, customer protection, and continuous trading.The comment letter states that trade.xyz is the first and largest third-party perpetual contract market deployment on Hyperliquid, and its WTI, Brent crude, and Henry Hub natural gas markets have accumulated a total trading volume exceeding $500 billion since their launch in October 2025. The comment letter further states that in its research sample, during approximately 75% of weekend market closures, the weekend price of the crude oil perpetual contract was closer to the benchmark market's Friday close than the benchmark market's Sunday reopen price; since the launch of the crude oil perpetual contract, CME WTI reopening quality has not shown statistically significant deterioration.The comment letter recommends setting asset-class-specific leverage limits for U.S. market participants engaging in energy commodity perpetual contracts, disclosing funding rates and liquidation mechanisms in plain language, and implementing other market integrity safeguards, while also allowing compliant markets to use on-chain infrastructure for trade execution, margin management, clearing, settlement, and recordkeeping.
trade.xyz has converted Unitree to a standard XYZ perpetual contract, offering 10x leverage and 24/7 year-round trading
trade.xyz announced on the X platform that UNITREE has been converted to a standard XYZ perpetual contract, supporting 10x leverage and 24/7, 365-day trading.
Cloudflare NET is now live, supporting 10x leverage and 24/7 year-round trading
Odaily News: trade.xyz announced on X that Cloudflare (NET) is now listed, supporting 10x leverage and 24/7 year-round trading.
IREN is now live, offering 10x leverage and 24/7 trading
Odaily News: trade.xyz announced on platform X that IREN is now live, supporting 10x leverage and 24/7 trading, 365 days a year.
Related news
trade.xyz launches Events feature, supporting cross-asset unified account trading
According to an official post from trade.xyz, trade.xyz has officially launched its Events feature, further advancing its vision of establishing Hyperliquid as a universal exchange. Users can execute a variety of operations through a single unified account, including depositing spot BTC, borrowing USDC, opening SpaceX pre-IPO perpetual contracts, hedging against SK Hynix earnings events, and predicting US Open outcomes. The Events market spans sports, politics, economic, and financial sectors. Initially rolling out Up/Down contracts for stocks, commodities, and pre-IPOs, pricing is settled based on the trade[XYZ] perpetual contract market price, rather than relying on external oracles.
trade.xyz Launches Events Feature, Initial Up/Down Markets Cover Stocks, Commodities, and Pre-IPO Assets
trade.xyz posted on X that it has launched Events, aiming to develop Hyperliquid into a unified trading system for trading financial assets and real-world outcomes. Users can deposit spot BTC into their unified trade.xyz account, borrow USDC through portfolio margin, open pre-IPO perpetual contract positions on SpaceX, use event markets to hedge against the upcoming SK Hynix earnings event, and pick the US Open champion. Events will cover sports, politics, economics, and financial markets; the initial Up/Down markets cover stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the source for contract settlement.
trade.xyz and HPC Jointly Submit Letter to CFTC, Calling for a US Regulatory Path for Energy Perpetual Contracts and 24/7 Trading
Odaily News: trade.xyz stated on the X platform that it has jointly submitted a comment letter with @HyperliquidPC to the U.S. Commodity Futures Trading Commission (CFTC), calling for the establishment of a regulated U.S. market path for energy perpetual contracts and 24/7 trading. The company stated that during this year's crude oil market shock, the energy market remained open while the benchmark market was temporarily closed; on multiple weekends, trade.xyz became the primary venue for price discovery.The comment letter states that on February 28, the Middle East conflict disrupted energy exports from the region and unsettled global supply chains. During the oil market closure, U.S. airlines, refiners, and fund managers holding crude oil exposure lacked a regulated venue to respond until futures markets reopened on Sunday evening. On March 9, Brent crude prices approached $120 per barrel at one point, and jet fuel prices doubled within weeks.The comment letter states that during the first weekend following the conflict, market participants outside the U.S. were able to manage crude oil exposure through the crude oil perpetual contract on Hyperliquid; from Friday's close until the benchmark market reopened, approximately two-thirds of the price movement had already occurred on-chain.The CFTC has previously allowed the first batch of digital asset-backed perpetual contracts to trade as futures on U.S. exchanges, and is soliciting comments on issues related to energy perpetual contracts, including contract design, reference prices, market integrity, clearing, customer protection, and continuous trading.The comment letter states that trade.xyz is the first and largest third-party perpetual contract market deployment on Hyperliquid, and its WTI, Brent crude, and Henry Hub natural gas markets have accumulated a total trading volume exceeding $500 billion since their launch in October 2025. The comment letter further states that in its research sample, during approximately 75% of weekend market closures, the weekend price of the crude oil perpetual contract was closer to the benchmark market's Friday close than the benchmark market's Sunday reopen price; since the launch of the crude oil perpetual contract, CME WTI reopening quality has not shown statistically significant deterioration.The comment letter recommends setting asset-class-specific leverage limits for U.S. market participants engaging in energy commodity perpetual contracts, disclosing funding rates and liquidation mechanisms in plain language, and implementing other market integrity safeguards, while also allowing compliant markets to use on-chain infrastructure for trade execution, margin management, clearing, settlement, and recordkeeping.
SHEIN's pre-IPO market volatility may intensify, with mark prices potentially hitting discovery bounds more frequently
trade.xyz posted on X platform, stating that market expectations in the pre-IPO market may shift. During this period, mark prices may more frequently touch the applicable discovery bounds, temporarily limiting their range of movement relative to the reference price. Market participants should familiarize themselves with the mechanics of XYZ discovery bounds and review SHEIN's current market configuration.
CME CEO: trade.xyz and Hyperliquid Are Having a Real Impact on the U.S. Market
Odaily News: CME Group Chairman and CEO Terry Duffy said this morning at a CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a tangible impact on the U.S. market. trade.xyz, a leading market builder on the Hyperliquid chain, focuses on perpetual contracts for equities, commodities, and pre-IPO assets, and its trading volume already accounts for a significant share of Hyperliquid's activity. Terry Duffy has previously voiced concerns on multiple occasions regarding leverage and regulatory issues associated with such offshore platforms. Additionally, Terry Duffy clashed with CFTC Chairman Michael Selig and Kalshi Chief Operating Officer Luana Lopes Lara over prediction market regulation. Duffy noted that certain prediction market contracts carry manipulation risks, particularly those listed via self-certification. He pointed out that contracts tied to the content of the President's State of the Union address and the timing of Venezuelan President Nicolás Maduro's departure from office may be susceptible to manipulation, adding that this is detrimental to the entire industry.
trade.xyz has converted Unitree to a standard XYZ perpetual contract, offering 10x leverage and 24/7 year-round trading
trade.xyz announced on the X platform that UNITREE has been converted to a standard XYZ perpetual contract, supporting 10x leverage and 24/7, 365-day trading.