TradeXYZ Trading Volume Soars 79% to $202B Amid Equity Perpetual Growth
TradeXYZ saw a significant surge in trading volume during Q2 of 2026, rising by 79.2% to $202.36 billion compared to the previous quarter. This growth is attributed to an increase in equity perpetuals volume, which reached $58.9 billion across 55 markets and grew by 377% from Q1.
TradeXYZ's share of trading on Hyperliquid's HIP-3 markets also increased, reaching 95.1%. The platform's open interest stood at $2.96 billion, a 64.6% rise from the previous quarter. This growth in volume outpaced revenue, which rose by 32.9% to $7.59 million.
The departure of Felix, Ventuals, and Dreamcash from the HIP-3 market is also seen as contributing to TradeXYZ's increased share. These platforms stopped operating between June 19 and July 2, reducing competition in the market.