$HYPE ECOSYSTEM JUST GOT A TRADFI PERPS GIANT 🐋
trade.xyz is now showing serious dominance in on-chain TradFi perps, with reported open interest above $2.4B and over 90% share of both OI and volume across HIP-3 activity inside the Hyperliquid ecosystem.
Outside the ecosystem, its TradFi asset daily volume reportedly hit $23.2B, while contract open interest reached $7.28B, putting it in direct competition with Top-tier exchange venues.
This is institutional-grade flow moving on-chain fast. Stocks, indexes, commodities, Pre-IPO perps — the TradFi trading stack is getting rebuilt in real time.
Not financial advice. Manage your risk.
#Crypto #DeFi #Hyperliquid #TradFi #Perps
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