Ask about trade[XYZ] · freeKey Metrics
Fees 30d$9.07m
Fees 30d by chain
Hyperliquid L1$9.07m
Fees 7d$2.76m
Hyperliquid L1$2.76m
Fees 24h$523,387
Hyperliquid L1$523,387
Cumulative Fees$74.52m
Hyperliquid L1$74.52m
Revenue 30d$2.94m
Revenue 30d by chain
Hyperliquid L1$2.94m
Revenue 7d$899,813
Hyperliquid L1$899,813
Revenue 24h$172,231
Hyperliquid L1$172,231
Cumulative Revenue$28.24m
Hyperliquid L1$28.24m
Perp Volume 30d$89.791b
Perp Volume 30d by chain
Hyperliquid L1$89.791b
Perp Volume 7d$28.681b
Hyperliquid L1$28.681b
Perp Volume 24h$5.775b
Hyperliquid L1$5.775b
Cumulative Perp Volume$652.117b
Hyperliquid L1$652.117b
Open Interest$4.199b
Total RaisedUndisclosed
Oct 29, 2026Round: StrategicInvestors: Intercontinental Exchange, Stanley Druckenmiller
Will TradeXYZ’s revenue increase this week?
Quotes fetched just now.
Daily revenue, UTC · Revenue rose week over week in 4 of the last 4 weeks
Market details
Protocol Information
XYZ is the first HIP-3 deployment on Hyperliquid where XYZ perpetual futures trade
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Trade.xyz.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
trade[XYZ] history
Fees and revenue by UTC calendar month, Nov 2025 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2025 | $2.13m | $1.06m |
| Dec 2025 | $975,883 | $487,941 |
| Jan 2026 | $4.1m | $2.05m |
| Feb 2026 | $4.28m | $2.14m |
| Mar 2026 | $7.49m | $3.32m |
| Apr 2026 | $6.17m | $2.13m |
| May 2026 | $5.68m | $1.95m |
| Jun 2026 | $8.24m | $2.92m |
| Jul 2026 | $9.54m | $3.5m |
| Aug 2026 | $8.73m | $3.05m |
| Sep 2026 | $6.33m | $2.09m |
| Oct 2026 | $7.55m | $2.46m |
| Nov 2026 (to date) | $3.31m | $1.08m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/trade[xyz]
Frequently asked questions
What chains does trade[XYZ] operate on?
trade[XYZ] operates on Hyperliquid L1.
How much has trade[XYZ] generated in fees and revenue?
Over the past 30 days, trade[XYZ] generated $9.07m in fees. Of that, $2.94m was protocol revenue. Based on the trailing year, the annualized rate is $74.07m in fees and $28.02m in revenue.
How does trade[XYZ]'s TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, trade[XYZ] ranks #54 by TVL. The category holds $525,570 across 374 protocols, and trade[XYZ] accounts for 0% of that total. Similar protocols include Ventuals, LiquidBots, Jupiter Prediction, DESK CLOB, otomate.trade, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade Perps, and Axiom Perps.
How much perpetual futures volume does trade[XYZ] process?
trade[XYZ] processed $89.791b in perpetual futures volume over the past 30 days.