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Universe Protocol is a social media NFT platform featuring minting, marketplaces, social tools, NFT tools, and auctions.
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.
Hyperliquid Holds Meeting with SEC Crypto Task Force on Crypto Asset Regulatory Issues
According to the memorandum, on July 14, 2026, staff from the SEC Crypto Task Force held a meeting with representatives from the Hyperliquid Policy Center, Highland Labs Pte. Ltd. (Hyperliquid Labs), XYZ Ltd., and Sullivan & Cromwell LLP to conduct an in-depth discussion on topics such as regulatory approaches for crypto assets and the technical architecture and market ecosystem of the Hyperliquid Protocol.
$68.2 million, a whale opened a 20x leveraged long position on 2,353 XYZ:XYZ100
according to Lookonchain monitoring, over the past 20 hours, a whale opened a 20x long position on 2,353 XYZ:XYZ100, valued at $68.2 million, with a liquidation price of $26,833.85.
A single position gained $981.3K in profit; a whale holds a 2x leveraged long position on SKHX worth $30.9 million
According to Onchain Lens monitoring, a whale deposited 4.51 million USDC into Hyperliquid 12 hours ago, and a single position has currently generated a profit of $981,300. The wallet holds a 2x leveraged long position of 21,200 SKHX, valued at $30.9 million; the cumulative profit and loss over the past month is a gain of $3.62 million, with a win rate of 60%, and it only trades XYZ stock perpetual contracts.
trade.xyz has converted Unitree to a standard XYZ perpetual contract, offering 10x leverage and 24/7 year-round trading
trade.xyz announced on the X platform that UNITREE has been converted to a standard XYZ perpetual contract, supporting 10x leverage and 24/7, 365-day trading.
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.
Converted to the standard XYZ perpetual contract, ChangXin Memory Technologies supports 10x leverage and around-the-clock trading
Odaily reports: trade.xyz posted on X platform, stating that ChangXin Memory Technologies has been converted to the standard XYZ perpetual contract, supporting 10x leverage and enabling 7×24 trading throughout the year.
Trade[XYZ] 46% has covered ticker costs on HIP-3 markets, with GOLD generating over $4.6 million in fees
HyperliquidNews posted on X platform, stating that to launch a HIP-3 market, a deployer must lock 500,000 hyperliquid:native and purchase a ticker for each created market. As the largest HIP-3 deployer, Trade[XYZ] has purchased 103 tickers and launched 87 markets. The minimum cost of a ticker is 500 hyperliquid:native, currently valued at approximately $31,400. HIP-3 revenue comes from transaction fees generated by each market, with 50% going to the deployer and 50% to the Assistance Fund, which uses the proceeds to buy back and burn hyperliquid:native. To encourage trading activity in HIP-3 markets, Hyperliquid has introduced Growth Mode, reducing transaction fees by 90%; deployers can choose whether to enable it, with few exceptions. Despite the fee reduction, 40 of Trade[XYZ]'s 87 launched markets have generated revenue exceeding 500 hyperliquid:native, meaning they have at least covered the initial ticker cost, accounting for 46% of all launched markets. This data only calculates ticker costs and does not include other operating expenses. As long as trading activity continues, each ticker will continue to generate revenue. Some tickers have generated millions of dollars in fees for Hyperliquid and Trade[XYZ] respectively. For example, GOLD has generated over $4.6 million in fees for each party. GBP is currently the ticker with the lowest profitability, generating $610 in revenue for Trade[XYZ] so far.
Hyperliquid’s pre-market valuation of CXMT reaches $540 billion, surpassing Tencent
According to Odaily, Trade.XYZ today launched the pre-market contract for ChangXin Memory Technologies (CXMT) on the Hyperliquid HIP-3 market. The price peaked at $8.64 and has now retreated to around $8. According to statistics, CXMT's total share capital post-issuance is approximately 66.888 billion shares. Based on the current pre-market price, CXMT's market value is approximately $540 billion, surpassing Tencent ($526.5 billion) to rank 32nd globally in market capitalization.It is reported that CXMT will initiate its new share subscription on the STAR Market (科创板) on July 16.
trade.xyz: SKHY Will Launch as Pre-IPO Contract, Converting to Standard XYZ Perpetual Contract After ADS Trade on Nasdaq
Odaily, trade.xyz posted on X platform, stating that SKHY tracks the value of one SK Hynix American Depositary Share (ADS). This Nasdaq-listed security represents one-tenth of an SK Hynix common share held in custody by the depositary bank. SKHY will launch as a pre-IPO contract and convert to a standard XYZ perpetual contract after the ADS begins trading on Nasdaq. The existing TradeXYZ SKHYNIX market, xyz:SKHX, remains unchanged, tracking one common share of SK Hynix Inc. (KRX: 000660) and will continue to operate normally based on the company's primary listing market in Seoul. The two markets are related but independent; 10 ADSs represent one common share, and the ADS may trade at a premium or discount relative to the Seoul market price.
Related news
trade.xyz has converted Unitree to a standard XYZ perpetual contract, offering 10x leverage and 24/7 year-round trading
trade.xyz announced on the X platform that UNITREE has been converted to a standard XYZ perpetual contract, supporting 10x leverage and 24/7, 365-day trading.
Ark Invest Bought $1.3 Million in Block Stock and $184,600 in Securitize Stock Yesterday
Odaily News – Cathie Wood's Ark Invest purchased $1.3 million worth of Block Inc. stock and $184,600 worth of Securitize stock on Tuesday. XYZ fell 0.96% that day, while SECZ rose 9.28%.
Ark Invest Spends Over $38 Million in Single Day, Buying Nvidia, Block, and Securitize Stocks
According to The Block, Cathie Wood's Ark Invest made significant purchases of multiple technology and crypto-related stocks on Monday, including approximately $15.4 million worth of Block Inc. ($XYZ) stock, approximately $1 million of Securitize ($SECZ) stock, and approximately $22.8 million of Nvidia ($NVDA) stock, with a total single-day purchase volume exceeding $38.2 million.
Jack Dorsey's Block Inc. Adds 85 Bitcoin, Total Holdings Reach 9,117 BTC
Odaily News: BitcoinTreasuries.NET posted on X platform, stating that Jack Dorsey's Block Inc. has increased its Bitcoin holdings by 85 BTC, bringing its total holdings to 9,117 BTC, ranking 15th on the Bitcoin 100 list.
Trade[XYZ] uses HIP-3 revenue to purchase Hyperliquid for the first time
HyperliquidNews posted on the X platform that Trade[XYZ] used HIP-3 revenue to purchase Hyperliquid for the first time, which was subsequently used to buy a new ticker. Previously, fees generated by Unit were exchanged for Hyperliquid and used to purchase spot tickers for Unit, as well as the HIP-3 ticker for Trade[XYZ]. Trade[XYZ] used HIP-3 revenue to purchase 2,000 Hyperliquid at approximately $108,000.
Hyperliquid Co-founder: SK Hynix-Related Perpetual Contract Deployed and Operated by XYZ Team, Investigating the Incident
Hyperliquid co-founder iliensinc responded to the abnormal SK Hynix pricing incident on Trade.xyz this morning, stating that Hyperliquid is a permissionless blockchain, and different teams can deploy and operate markets based on its infrastructure. Among them, the xyz:SKHYNIX perpetual contract was deployed and is operated by the XYZ team. The XYZ team is currently investigating the situation and will release updates once a conclusion is reached.Iliensinc also explained that the HIP-3 market deployer is responsible for providing data such as the mark price, oracle, and external perpetual contract price. Taking the pricing mechanism of a BTC perpetual contract as an example, the protocol provides the median of the latest on-chain transaction price, the best bid price, and the best ask price as one of three price components. The other two prices are provided by the deployer, and together these three influence the final mark price.