I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.
now perp on hyperliquid's xyz market drops 27% in 24h, $6.6M open interest
the now perp on xyz, a HIP-3 market (markets anyone can deploy), moved -26.8% in 24h. it saw $14.3M traded against $6.6M open interest, meaning positions turned over more than twice. big single-day moves on stock perps show how fast leverage gets tested on HIP-3 venues.
- open app.hyperliquid.xyz, go to the xyz markets and find the now perp
- check the 24h change, open interest and volume on the market page
- compare with hyperdash to see how open interest changed over the day
stock perps on HIP-3 can move hard in one day, so size and leverage matter. thin open interest means liquidations can push the price further.




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