TradeXYZ Dominates Q2 Trading with $202B Volume and 95% Market Share

TradeXYZ's trading volume surged to $202.36 billion in Q2 2026, up 79.2% from the previous quarter, according to a report by the Hyperliquid Research Collective.

The platform's equity perpetual volume increased 377% quarter-on-quarter to $58.9 billion across 55 markets during Q2 2026.

TradeXYZ's HIP-3 volume share rose from 84.5% to 95.1% during the second quarter of 2026, as three competing platforms, Felix, Ventuals, and Dreamcash, shut down between June 19 and July 2.