Huge congratulations to TradeXYZ and S&P for this historic partnership. I'm honored that these teams choose to build on Hyperliquid. Seeing official S&P500 perpetual futures launch exclusively on Hyperliquid is a validation of everyone's past years of hard work: global access to decentralized finance, perpetual futures as 24/7 price discovery, and Hyperliquid upgrading the existing financial stack to house all of finance. The S&P500 is synonymous with "the market," a single number that captures the essence of the largest economy in the world. Looking forward to tracking the world's most important financial gauge 24/7 on the most liquid permissionless markets.

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@tradexyz reached new all-time highs with $3B in 24h volume and $1B in open interest.

hip3rliquid

Growth Mode Activated. Trading fees on all XYZ assets have been reduced by 90%. The highest fee tier is now less than 0.009%. A new user trading $1,000 of any XYZ asset will pay ~9 cents as a taker and less than ~3 cents as a maker. XYZ assets are now the cheapest way to access equity perps, any place, anytime.

Spot Monad deposits, withdrawals, and trading are now officially live on Hyperliquid. Deposit MON on app.hyperliquid.xyz or app.hyperunit.xyz Trade spot MON at app.hyperliquid.xyz/trade/MO…

The mission @tradexyz is to accelerate the future of 24/7 liquid capital markets, a future we believe is both exciting and inevitable. To achieve this, we’ve meticulously designed and introduced the Perpetual Equity Future: a novel financial derivative enabling 24/7 price discovery in the world’s premier asset class. Major milestones - Users have traded over $1 billion in equities volume in the past week alone. - This morning’s AAPL listing marked the completion of Trade[XYZ]’s first set of equities markets. - Seamless trading through NVDA earnings event, including significant volume into the overnight session Today we continue to iterate as we upgrade our oracle mechanism to further facilitate real-time price discovery beyond traditional trading hours. We appreciate all those who share our vision, and look forward to hearing your feedback as we continue on a journey which has only just started. Perpetual Renaissance

Trade[XYZ] now enables anyone to trade perps on any asset, anytime. Stocks, indices, crypto, and more. No off-hours, no holidays, just deep liquidity 24/7, 365. Available now to all users in eligible locations on trade.xyz.

Congratulations to @tradexyz, @ventuals, and @felixprotocol on their HIP-3 launches! It's exciting to see things come together after months of hard work building on the core protocol and deployer sides. Permissionless perp deployments are a massive step in Hyperliquid's journey to house all of finance. On Hyperliquid, hungry and ambitious builders step up to reinvent core pillars of finance. Perps will bring unprecedented capital efficiency and price discovery to global markets. HIP-3 empowers any builder to upgrade financial markets by leveraging Hyperliquid's battle-tested onchain infrastructure. Thank you to the builders working to push the frontiers of onchain finance. Thank you to the users for being there from day one with your support.

NVDA is now live. 10x leverage, 24/7, 365. Trade [NVDA]: app.hyperliquid.xyz/trade/xy…

We are now @tradexyz on X, but we still encourage you to @tradexyz.

What we are trying to do (whether we succeed or fail) is a small but true step function evolution in finance. Perpetual equity futures are a novel financial instrument. One which, we believe, have the potential to disrupt capital markets as stablecoins did to the payments space, or as prediction markets did for binary events, notably politics. Yesterday we witnessed a glimpse of what this could become. Toward the end of the weekend, XYZ100 persisted a small move to the upside. Smart traders bid (above the oracle price), willing to pay the funding over several hours which they bet (correctly) would be exceeded by the returns of a higher fair after external markets opened. Friday closed ~$25,360. On Sunday 4pm est, the most accurately priced venue in the world may have been XYZ100 on @HyperliquidX at ~$25,460. CME was the first traditional venue with a correlated asset to open 1-2 hr later. It opened 80 bps from prev close, confirming the direction and extending the move discovered over the weekend. Obviously this discovery has been minuscule thus far - not yet significant to affect other markets in any real sense - but it's exciting to see the direction of something so highly anticipated @tradexyz There's a long road ahead. Perpetual Renaissance. Hyperliquid.

soon, everyone will just @tradexyz.

Due to continued demand, the OI cap for the XYZ100 market has been increased again to $50M. OI caps for XYZ markets can be found in our docs: docs.trade.xyz/xyz-perps-spe…

more people should build the future instead of just thinking about it.

Open interest for the XYZ100 market on trade.xyz has grown to $25mm. As a result, the OI cap has been increased from $25mm to $30mm and will continue to increase as more users gain access. OI caps for XYZ markets can be found in our docs: docs.trade.xyz/xyz-perps-spe…

The next 500 users will be let off the trade.xyz waitlist shortly.

Documentation for trade[XYZ] is now live at docs.trade.xyz. Please refer to the docs to learn more about the XYZ100 market including details on mark price, oracle price, and off-hours trading behavior, as well as general information on the trade[XYZ] platform.

The next wave of 100 users will be given access to trade.xyz shortly. Trade the XYZ100 Index 24/7 with up to 20x leverage.