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Universe Protocol is a social media NFT platform featuring minting, marketplaces, social tools, NFT tools, and auctions.
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.
Hyperliquid Holds Meeting with SEC Crypto Task Force on Crypto Asset Regulatory Issues
According to the memorandum, on July 14, 2026, staff from the SEC Crypto Task Force held a meeting with representatives from the Hyperliquid Policy Center, Highland Labs Pte. Ltd. (Hyperliquid Labs), XYZ Ltd., and Sullivan & Cromwell LLP to conduct an in-depth discussion on topics such as regulatory approaches for crypto assets and the technical architecture and market ecosystem of the Hyperliquid Protocol.
$68.2 million, a whale opened a 20x leveraged long position on 2,353 XYZ:XYZ100
according to Lookonchain monitoring, over the past 20 hours, a whale opened a 20x long position on 2,353 XYZ:XYZ100, valued at $68.2 million, with a liquidation price of $26,833.85.
A single position gained $981.3K in profit; a whale holds a 2x leveraged long position on SKHX worth $30.9 million
According to Onchain Lens monitoring, a whale deposited 4.51 million USDC into Hyperliquid 12 hours ago, and a single position has currently generated a profit of $981,300. The wallet holds a 2x leveraged long position of 21,200 SKHX, valued at $30.9 million; the cumulative profit and loss over the past month is a gain of $3.62 million, with a win rate of 60%, and it only trades XYZ stock perpetual contracts.
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.
Converted to the standard XYZ perpetual contract, ChangXin Memory Technologies supports 10x leverage and around-the-clock trading
Odaily reports: trade.xyz posted on X platform, stating that ChangXin Memory Technologies has been converted to the standard XYZ perpetual contract, supporting 10x leverage and enabling 7×24 trading throughout the year.
Trade[XYZ] 46% has covered ticker costs on HIP-3 markets, with GOLD generating over $4.6 million in fees
HyperliquidNews posted on X platform, stating that to launch a HIP-3 market, a deployer must lock 500,000 hyperliquid:native and purchase a ticker for each created market. As the largest HIP-3 deployer, Trade[XYZ] has purchased 103 tickers and launched 87 markets. The minimum cost of a ticker is 500 hyperliquid:native, currently valued at approximately $31,400. HIP-3 revenue comes from transaction fees generated by each market, with 50% going to the deployer and 50% to the Assistance Fund, which uses the proceeds to buy back and burn hyperliquid:native. To encourage trading activity in HIP-3 markets, Hyperliquid has introduced Growth Mode, reducing transaction fees by 90%; deployers can choose whether to enable it, with few exceptions. Despite the fee reduction, 40 of Trade[XYZ]'s 87 launched markets have generated revenue exceeding 500 hyperliquid:native, meaning they have at least covered the initial ticker cost, accounting for 46% of all launched markets. This data only calculates ticker costs and does not include other operating expenses. As long as trading activity continues, each ticker will continue to generate revenue. Some tickers have generated millions of dollars in fees for Hyperliquid and Trade[XYZ] respectively. For example, GOLD has generated over $4.6 million in fees for each party. GBP is currently the ticker with the lowest profitability, generating $610 in revenue for Trade[XYZ] so far.
Hyperliquid’s pre-market valuation of CXMT reaches $540 billion, surpassing Tencent
According to Odaily, Trade.XYZ today launched the pre-market contract for ChangXin Memory Technologies (CXMT) on the Hyperliquid HIP-3 market. The price peaked at $8.64 and has now retreated to around $8. According to statistics, CXMT's total share capital post-issuance is approximately 66.888 billion shares. Based on the current pre-market price, CXMT's market value is approximately $540 billion, surpassing Tencent ($526.5 billion) to rank 32nd globally in market capitalization.It is reported that CXMT will initiate its new share subscription on the STAR Market (科创板) on July 16.
trade.xyz: SKHY Will Launch as Pre-IPO Contract, Converting to Standard XYZ Perpetual Contract After ADS Trade on Nasdaq
Odaily, trade.xyz posted on X platform, stating that SKHY tracks the value of one SK Hynix American Depositary Share (ADS). This Nasdaq-listed security represents one-tenth of an SK Hynix common share held in custody by the depositary bank. SKHY will launch as a pre-IPO contract and convert to a standard XYZ perpetual contract after the ADS begins trading on Nasdaq. The existing TradeXYZ SKHYNIX market, xyz:SKHX, remains unchanged, tracking one common share of SK Hynix Inc. (KRX: 000660) and will continue to operate normally based on the company's primary listing market in Seoul. The two markets are related but independent; 10 ADSs represent one common share, and the ADS may trade at a premium or discount relative to the Seoul market price.
TradingView Adds Support for Hyperliquid and trade.XYZ Market Data
: TradingView has added support for data from Hyperliquid and trade.XYZ.Users can open the search function in TradingView Supercharts and enter the prefix "HYPERLIQUID:" or "HIP3XYZ:" to find the corresponding market data.
Related news
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.
Trade[XYZ] recorded a trading volume of $234 million on its first trading day at Changxin Memory Technologies, accounting for 1.14% of the Shanghai Stock Exchange's total volume.
: HyperliquidNews posted on platform X, stating that on the first trading day of Changxin Memory Technologies, Trade[XYZ] accounted for 1.14% of the Shanghai Stock Exchange's trading volume. Trade[XYZ]'s trading volume was $234 million, while the Shanghai Stock Exchange's total trading volume was approximately $20.5 billion.
Converted to the standard XYZ perpetual contract, ChangXin Memory Technologies supports 10x leverage and around-the-clock trading
Odaily reports: trade.xyz posted on X platform, stating that ChangXin Memory Technologies has been converted to the standard XYZ perpetual contract, supporting 10x leverage and enabling 7×24 trading throughout the year.
1300亿美元推荐交易量和60.7万美元收入，TradeXYZ前端吸引26627名未使用过推荐码用户交易
HyperliquidNews 在 X 平台发文表示，26627 名此前从未在 Hyperliquid 使用过推荐码的用户，现已通过 @tradexyz 前端进行交易。这为 Trade[XYZ] 带来了 60.7 万美元收入和 1300 亿美元推荐交易量。
$68.2 million, a whale opened a 20x leveraged long position on 2,353 XYZ:XYZ100
according to Lookonchain monitoring, over the past 20 hours, a whale opened a 20x long position on 2,353 XYZ:XYZ100, valued at $68.2 million, with a liquidation price of $26,833.85.
Trade[XYZ] 46% has covered ticker costs on HIP-3 markets, with GOLD generating over $4.6 million in fees
HyperliquidNews posted on X platform, stating that to launch a HIP-3 market, a deployer must lock 500,000 hyperliquid:native and purchase a ticker for each created market. As the largest HIP-3 deployer, Trade[XYZ] has purchased 103 tickers and launched 87 markets. The minimum cost of a ticker is 500 hyperliquid:native, currently valued at approximately $31,400. HIP-3 revenue comes from transaction fees generated by each market, with 50% going to the deployer and 50% to the Assistance Fund, which uses the proceeds to buy back and burn hyperliquid:native. To encourage trading activity in HIP-3 markets, Hyperliquid has introduced Growth Mode, reducing transaction fees by 90%; deployers can choose whether to enable it, with few exceptions. Despite the fee reduction, 40 of Trade[XYZ]'s 87 launched markets have generated revenue exceeding 500 hyperliquid:native, meaning they have at least covered the initial ticker cost, accounting for 46% of all launched markets. This data only calculates ticker costs and does not include other operating expenses. As long as trading activity continues, each ticker will continue to generate revenue. Some tickers have generated millions of dollars in fees for Hyperliquid and Trade[XYZ] respectively. For example, GOLD has generated over $4.6 million in fees for each party. GBP is currently the ticker with the lowest profitability, generating $610 in revenue for Trade[XYZ] so far.