trade.xyz

Roundhill's Neocloud ETF (NCLD) is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20854420…

SOXL is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20854404…

Roundhill Photonics & Optics ETF (LYTE) is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20853922…

GE Vernova is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20850595…

KORU is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20850406…

The Pre-IPO Perpetual (IPOP) Market for UNITREE is now live. UNITREE is a pre-IPO market reflecting the market-implied expected price per A-share of Unitree Technology Co., Ltd., expected to list on the Shanghai STAR Market (code 688836). Unitree designs and manufactures quadruped and humanoid robots and robotic arms. After the IPO, the oracle will convert the CNY share price to USD at the prevailing offshore USD/CNH rate.

Distributions for the July 27 SKHYNIX pricing event have gone out. Each eligible liquidation was measured against a reference price of $1,115.5. Where the resulting amount is under 10,000 USDC, wallets have been credited in full, and no action is needed. Where it exceeds 10,000 USDC, an initial 9,999 USDC has been credited. We are required to conduct enhanced due diligence for amounts in excess of 10,000 USDC. Please reach us through support at app.trade.xyz/support to complete this process before August 15. Thank you to our users for their patience this week.

Kioxia (TSE: 285A) and SoftBank Group (TSE: 9984) are halted limit-up on the Tokyo Stock Exchange. GigaDevice (SSE: 603986) has likewise encountered limit-up conditions in today's Shanghai session. XYZ markets for these assets have transitioned to internal pricing until their respective underlying exchanges reopen following the weekend - Kioxia and SoftBank with two discovery bound resets, GigaDevice with one. Discovery bounds remain unchanged at 10%. For more information on internal pricing mechanics, refer to our documentation.

Trade[XYZ] reached new all-time highs with $8.1B in 24h volume. x.com/tradexyz/status/20825300…

On July 27 at 23:01 UTC, SKHYNIX mark price dropped from $1,127.9 to $917.25. This print was based on an executed trade which was relayed by multiple independent data providers. The XYZ oracle was live in external pricing and tracking that venue, which serves as the primary Korean pre-market venue. The oracle system worked as intended according to its specification. While the system performed as designed, users are understandably upset about liquidations that were triggered. Market integrity is among Trade[XYZ]'s core values, and we understand the trust of our users has been, and will continue to be, earned. With these values in mind, we have decided to cover liquidation losses attributable to this anomaly. Eligibility requirements will be conveyed soon, and distributions are anticipated to be completed in the coming days. This is a one-time discretionary decision and is not a guarantee of similar future action. Going forward, our pricing systems will be further improved to handle tail events. We are accelerating our review of how prices are formed, including revisiting assumptions on external venues, and taking into consideration the price formation which occurs on our own orderbooks, which carry increasingly meaningful depth and signal in relation to external sources. We will share further information soon.

@tradexyz reached new all time highs across the board: - Cumulative trading volume: $408.4B - Cumulative weekend trading volume: $26.07B - 24hr peak volume: $5.6B - Open interest: $3.9B - Daily unique traders (24hr peak): 60.6k x.com/tradexyz/status/20817122…

CXMT has transitioned to a standard XYZ perpetual. 10x leverage, 24/7, 365.

CXMT is expected to IPO on the Shanghai STAR Board on July 27. The CXMT perpetual market's discovery bounds will adjust to 50% on July 26 11PM UTC in anticipation of this event.

GIGADEVICE is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20797385…

Late (in NYC) but a new story from me: @tradexyz started offering pre-IPO perps tied CXMT, China’s SK Hynix. Not surprised given the demand, but interesting and new product done by crypto - something we haven’t seen in the space for a bit t.co/3tzcNG6lpR

The Pre-IPO Perpetual (IPOP) Market for CXMT is now live. CXMT is a pre-IPO market reflecting the market-implied value of 1 ordinary share (A-share) of ChangXin Technology Group Co., Ltd. (SHE: 688825) in USD terms. CXMT manufactures semiconductor DRAM memory chips. After the IPO, the oracle will convert the underlying stock’s Renminbi price to USD at the prevailing FX rate.

SKHY has transitioned to a standard XYZ perpetual. 10x leverage, 24/7, 365.

SKHY (xyz:SKHY) is available to trade, 24/7, 365. SKHY tracks the value of 1 SK Hynix American Depositary Share — the Nasdaq-listed security representing one-tenth of a SK Hynix common share held on deposit with a depositary bank. It launches as a pre-IPO contract and converts to a standard XYZ perpetual after the ADS begins trading on Nasdaq. TradeXYZ’s existing SKHYNIX market (xyz:SKHX) is unchanged. It tracks 1 common share of SK Hynix Inc. (KRX: 000660) and continues to operate normally against the company’s primary listing in Seoul. The two markets are related but distinct: 10 ADSs represent 1 common share, and the ADS may trade at a premium or discount to the Seoul line. As always, participants are advised to understand a market’s underlying before trading.

SharonAI is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20741973…

Trade[XYZ] and Hyperliquid data is now live on @tradingview. Putting this data where traders live has been a top priority for us. Markets are increasingly shaped by events unfolding around the clock, and price discovery shouldn't stop when traditional venues close. Users now have real-time visibility into 24/7 price discovery on the world's most-used charting platform.

Applied Materials is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20716302…

RoboStrategy is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20705871…

SOFTBANK is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20703464…

KIOXIA is now live. 10x leverage, 24/7, 365. x.com/tradexyz/status/20699389…

Market parameters have been updated for several TradeXYZ markets. Cross margin has been enabled for the following markets: - SPCX - WTIOIL - SKHYNIX - SNDK - DRAM