trade.xyz

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

BIRD tracks the value of 1 share of common stock in Allbirds. Allbird's is known for its sustainable footwear, and is evolving its platform to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.

BIRD is now live. 10x leverage, 24/7, 365.

Korea 200 (KR200) tracks a KRW-denominated, capitalization-weighted basket of 200 leading South Korean equities that serves as a major benchmark for Korea’s equity market. The oracle follows the basket’s native local-currency level without FX conversion. KR200 is a quanto derivative with KRW-based P&L cash-settled in USDC.

KR200 is now live. 20x leverage, 24/7, 365.

Japan 225 (JP225) tracks a JPY-denominated, price-weighted index of 225 leading Japanese companies and serves as a widely followed benchmark for the Japanese equity market. The oracle follows the index’s native local-currency level without FX conversion. JP225 is a quanto derivative: P&L is based on JPY index movement and is cash-settled in USDC.

JP225 is now live. 20x leverage, 24/7, 365.

Cross margin will be enabled for S&P 500 today at 12pm EST.

The Discovery Bounds page is now live: app.trade.xyz/discovery-boun… During weekend trading, XYZ markets operate within discovery bounds anchored to the last external price. The page provides real-time visibility into each market’s session state (internal vs. external), along with the last external price, active bound range, and re-anchoring trigger levels.

app.hyperliquid.xyz/trade/xyz:DKNG app.hyperliquid.xyz/trade/xyz:HIMS app.hyperliquid.xyz/trade/xyz:COST app.hyperliquid.xyz/trade/xyz:LLY For more info on these markets, please refer to our documentation: docs.trade.xyz/consolidated-r…

DraftKings (DKNG), Hims & Hers Health (HIMS), Costco (COST), and Eli Lilly (LLY) are now live with 10x leverage 24/7, 365.

Trade[XYZ]'s TG announcement channel is now live: t.me/tradexyz_annou… Note: All other telegram channels are a scam and NOT affiliated with trade[XYZ].

@tradexyz reached new all time highs across the board: - Cumulative trading volume: $110B - Open Interest: $1.6B - 24hr peak volume: $5.6B - Daily unique traders (24hr peak): 45.3k - Weekend trading peak volume: $1.09B - XYZ share of Hypercore volume (24hr peak): 44.4%