The Farmers Market

Trade.xyz

Perp DEX Speculative $$$$$

First HIP-3 deployment on Hyperliquid offering perpetuals for precious metals, stock indices, individual stocks, and crypto — accounting for ~90% of all HIP-3 volume

Farming Overview

Farming Stage Mid-Early
Chain Hyperliquid (HIP-3)
24h Volume $480M+
Open Interest $665M+
Top Market XYZ100 Index
Asset Classes Metals, Stocks, Indices
HIP-3 Share ~90%

Key Statistics

Cumulative Volume $22B+
Open Interest $665M+
Peak OI $1.06B
Single-Day Record $5.2B (Feb 5, 2026)

How to Farm Trade.xyz

  1. Trade perpetual futures across precious metals, stock indices, and individual stocks
  2. Trade XYZ100 index perps — the largest single market on HIP-3 with $165M+ OI
  3. Use limit orders (maker) for reduced fees and potential point multipliers
  4. Build referral network for commission on referred trading activity
  5. Participate early in the HIP-3 ecosystem — no token launched yet

Why Farm Trade.xyz?

  • First and dominant HIP-3 deployment — 90% market share of all HIP-3 volume
  • No token launched yet — strong airdrop potential for early users
  • $22B+ cumulative volume demonstrates massive adoption
  • Unique RWA perps — trade gold, silver, stocks, and indices on-chain
  • Built on Hyperliquid with sub-second settlement and deep liquidity
  • HIP-3 captured ~2% of global silver trading volume within months

About Trade.xyz

Trade.xyz (tradeXYZ) is the first builder-deployed perpetual futures protocol on Hyperliquid via HIP-3, launched in October 2025. It enables trading of real-world asset perpetuals including precious metals (gold, silver), stock indices (XYZ100), and individual stocks (Nvidia, etc.) alongside crypto. Trade.xyz accounts for over $22B of the $25B total HIP-3 cumulative volume and ~90% of daily trading activity. On February 5, 2026, the platform set a single-day record of $5.2B in volume driven by precious metals volatility. Trading fees are split 50/50 between the protocol and Hyperliquid.

Fee Structure

Fee Split 50% Protocol / 50% Hyperliquid
Maker Fee ~0.02-0.03% (varies by market)
Taker Fee ~0.05-0.07% (varies by market)
Builder Fee Max 0.05% (HIP-3 standard)

Similar Perp DEX Protocols

Frequently Asked Questions

What is Trade.xyz and how does it work?

Trade.xyz (tradeXYZ) is the first builder-deployed perpetual futures protocol on Hyperliquid via HIP-3, launched in October 2025. It enables trading of real-world asset perpetuals including precious metals (gold, silver), stock indices (XYZ100), and individual stocks (Nvidia, etc.) alongside crypto. Trade.xyz accounts for over $22B of the $25B total HIP-3 cumulative volume and ~90% of daily trading activity. On February 5, 2026, the platform set a single-day record of $5.2B in volume driven by precious metals volatility. Trading fees are split 50/50 between the protocol and Hyperliquid.

How do I farm the Trade.xyz airdrop?

To farm the Trade.xyz airdrop, you should: Trade perpetual futures across precious metals, stock indices, and individual stocks. Trade XYZ100 index perps — the largest single market on HIP-3 with $165M+ OI. Use limit orders (maker) for reduced fees and potential point multipliers. Build referral network for commission on referred trading activity. Trade.xyz is currently in the mid-early farming stage with speculative airdrop status.

What is the expected value of the Trade.xyz airdrop?

The Trade.xyz airdrop has an expected value rating of 5 out of 5 ($$$$$). The farming stage is mid-early and the airdrop status is speculative. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm Trade.xyz?

First and dominant HIP-3 deployment — 90% market share of all HIP-3 volume No token launched yet — strong airdrop potential for early users $22B+ cumulative volume demonstrates massive adoption