HIP-3 perp DEX

XYZ (xyz) HIP-3 markets

Live markets, capacity, fees, and operators for the XYZ builder-deployed perp DEX on Hyperliquid. Official data as of 2026-09-27 14:41 UTC.

Direct answer

XYZ (xyz) is a HIP-3 perp DEX on Hyperliquid with 109 active of 126 listed markets and $3.86B in open interest, 98% of all HIP-3 open interest. Its DEX-wide cap is $10B, 38.6% used. Its markets traded $320.5M over 24 hours, led by DRAM at $38.3M. 104 of its active markets run in growth mode with reduced fees.

Open interest
$3.86B
DEX cap used
38.6%
Active markets
109 / 126
Markets at cap
0

XYZ markets

XYZ HIP-3 markets
Market24h volumeOpen interestCap usedFunding / hTier 0 takerFee settingMax lev.
DRAM$38.3M$112.29M45%0.06 bps0.009%Growth mode20x
XYZ100$37.67M$184.28M18%-0.04 bps0.009%Growth mode30x
SP500$36.14M$339.48M27%0.03 bps0.009%Growth mode50x
BRENTOIL$31.26M$151.51M20%0.02 bps0.009%Growth mode20x
CL$29.95M$140.03M14%-0.26 bps0.009%Growth mode20x
MU$14.27M$158.12M32%0.06 bps0.009%Growth mode10x
SKHX$14.24M$334.16M33%-0.19 bps0.009%Growth mode10x
INTC$9.88M$153.08M44%-1.02 bps0.009%Growth mode10x
AMD$8.02M$16.8M17%-0.33 bps0.009%Growth mode10x
META$7.76M$67.66M34%-0.19 bps0.009%Growth mode20x
SMSN$7.19M$68.83M28%0.06 bps0.009%Growth mode10x
CRCL$5.42M$108.34M72%-0.18 bps0.009%Growth mode10x
SNDK$5.23M$127.42M25%0.06 bps0.009%Growth mode10x
CXMT$4.78M$49.05M20%0.06 bps0.009%Growth mode10x
EWY$4.05M$10.01M10%0.06 bps0.009%Growth mode20x
PLTR$3.9M$14.21M9%-1.18 bps0.009%Growth mode10x
SILVER$3.59M$236.17M47%0.06 bps0.009%Growth mode25x
SOXL$3.52M$28.83M58%-0.32 bps0.009%Growth mode10x
SKHY$3.5M$192.48M48%0.06 bps0.009%Growth mode10x
NVDA$3.5M$137.35M27%-0.08 bps0.009%Growth mode20x
MSTR$3.01M$57.15M38%0.08 bps0.09%100% scale10x
GOOGL$3M$109.08M31%0.06 bps0.009%Growth mode20x
NATGAS$3M$7.07M7%-0.00 bps0.009%Growth mode10x
GOLD$2.96M$280.35M37%0.06 bps0.09%100% scale25x
SPCX$2.62M$119.18M16%0.06 bps0.009%Growth mode20x
AMZN$2.5M$29.31M29%-0.08 bps0.009%Growth mode20x
MSFT$1.94M$23.99M10%-0.24 bps0.009%Growth mode20x
GIGADEV$1.83M$1.04M4%3.97 bps0.009%Growth mode10x
TSLA$1.69M$47.18M47%-0.10 bps0.009%Growth mode20x
AAPL$1.67M$35.56M18%0.02 bps0.009%Growth mode20x
HOOD$1.45M$41.14M27%-0.38 bps0.009%Growth mode10x
COIN$1.44M$13M26%-0.31 bps0.009%Growth mode10x
RKLB$1.38M$10.5M21%-0.39 bps0.009%Growth mode10x
CRWV$1.25M$8.11M16%-0.31 bps0.009%Growth mode10x
MRVL$1.12M$12.78M6%-0.08 bps0.009%Growth mode10x
ORCL$1.08M$24.15M16%-0.36 bps0.009%Growth mode10x
NCLD$1.08M$936K4%-3.19 bps0.009%Growth mode10x
KIOXIA$1.02M$9.7M10%0.06 bps0.009%Growth mode10x
NBIS$1.01M$33.85M23%-0.03 bps0.009%Growth mode10x
WDC$958K$2.79M6%-0.52 bps0.009%Growth mode10x
ARM$787K$5.58M11%-0.16 bps0.009%Growth mode10x
JPY$757K$29.2M29%0.00 bps0.009%Growth mode50x
MRNA$757K$2.7M4%-2.86 bps0.009%Growth mode10x
PURRDAT$704K$16.32M33%-1.67 bps0.09%100% scale10x
AVGO$642K$14.68M20%-0.19 bps0.009%Growth mode10x
KORU$642K$3.27M13%0.07 bps0.009%Growth mode10x
EUR$619K$21.66M43%0.00 bps0.009%Growth mode50x
QNT$573K$1.42M7%-2.08 bps0.009%Growth mode10x
DELL$540K$7M28%0.17 bps0.009%Growth mode10x
GME$522K$3.29M13%-0.16 bps0.009%Growth mode10x
COPPER$517K$12.53M4%0.06 bps0.009%Growth mode20x
BB$431K$13.21M18%0.09 bps0.009%Growth mode10x
CBRS$395K$42.29M28%-0.65 bps0.009%Growth mode10x
UNITREE$325K$20.94M21%0.06 bps0.009%Growth mode10x
BABA$320K$12.81M26%-0.20 bps0.009%Growth mode10x
QCOM$283K$7.04M28%-0.02 bps0.009%Growth mode10x
NFLX$257K$6.17M12%0.05 bps0.009%Growth mode10x
BE$234K$5.97M24%0.06 bps0.009%Growth mode10x
AMAT$211K$2.18M9%-0.38 bps0.009%Growth mode10x
SHEIN$191K$644K3%0.64 bps0.009%Growth mode10x
PLATINUM$178K$4.04M16%0.06 bps0.009%Growth mode20x
TSM$168K$9.2M18%0.06 bps0.009%Growth mode10x
LITE$167K$11.72M12%-0.42 bps0.009%Growth mode10x
NET$167K$696K3%0.06 bps0.009%Growth mode10x
ZHIPU$141K$22.75M23%0.42 bps0.009%Growth mode10x
CRWD$140K$1.31M5%1.04 bps0.009%Growth mode10x
IREN$118K$4.63M19%0.00 bps0.009%Growth mode10x
HIMS$101K$3.14M13%-0.22 bps0.009%Growth mode10x
EWJ$100K$1.04M4%0.06 bps0.009%Growth mode20x
LLY$93K$11.25M45%0.06 bps0.009%Growth mode10x
MINIMAX$87K$4.79M10%0.51 bps0.009%Growth mode10x
AAOI$78K$1.85M7%-0.00 bps0.009%Growth mode10x
CVX$76K$66K0%-1.39 bps0.009%Growth mode10x
OURA$67K$381K2%0.02 bps0.009%Growth mode5x
ASML$65K$2.43M10%0.06 bps0.009%Growth mode10x
NOK$64K$2.04M8%0.06 bps0.009%Growth mode10x
BMNR$64K$3.43M14%-0.95 bps0.09%100% scale10x
STRC$60K$9.94M20%0.06 bps0.09%100% scale10x
DKNG$59K$964K4%-0.20 bps0.009%Growth mode10x
SMH$56K$3.31M13%0.21 bps0.009%Growth mode20x
RDDT$45K$277K1%-0.11 bps0.009%Growth mode10x
JP225$43K$3.3M13%-0.70 bps0.009%Growth mode20x
SOFTBANK$41K$2.75M11%0.42 bps0.009%Growth mode10x
USAR$40K$3.51M14%-0.43 bps0.009%Growth mode10x
EWT$39K$638K3%-0.61 bps0.009%Growth mode20x
MAGS$33K$840K3%0.30 bps0.009%Growth mode10x
IBM$30K$1.67M3%-0.03 bps0.009%Growth mode10x
TLT$29K$844K3%0.54 bps0.009%Growth mode20x
BOT$28K$2.98M12%-0.39 bps0.009%Growth mode10x
HYUNDAI$23K$1.3M5%0.06 bps0.009%Growth mode10x
RIVN$19K$496K2%-0.58 bps0.009%Growth mode10x
ZM$19K$591K2%0.24 bps0.009%Growth mode10x
SHAZ$18K$563K2%-0.95 bps0.009%Growth mode10x
KR200$18K$746K3%-0.64 bps0.009%Growth mode20x
URNM$17K$1.48M6%0.45 bps0.009%Growth mode10x
COST$16K$1.02M4%0.33 bps0.009%Growth mode20x
GBP$15K$663K3%-0.05 bps0.009%Growth mode50x
XLE$14K$1.62M6%-0.57 bps0.009%Growth mode20x
BIRD$13K$78K0%-1.19 bps0.009%Growth mode10x
BX$13K$600K2%0.04 bps0.009%Growth mode10x
GEV$11K$430K2%0.06 bps0.009%Growth mode10x
EWZ$9K$2.93M12%-0.43 bps0.009%Growth mode20x
KSTR$9K$18K0%1.24 bps0.009%Growth mode10x
NOW$6K$2.04M8%-0.42 bps0.009%Growth mode10x
PALLADIUM$5K$2.53M10%0.06 bps0.009%Growth mode20x
LYTE$5K$440K2%0.18 bps0.009%Growth mode10x
SNXX$5K$164K1%0.06 bps0.009%Growth mode10x
EBAY$3K$285K1%0.37 bps0.009%Growth mode10x
XBI$2K$143K1%1.40 bps0.009%Growth mode10x

Who operates it

The deployer defines the markets and staked 500,000 HYPE to run the DEX. The oracle updater sets prices, and the fee recipient collects the deployer's share of trading fees.

Recent configuration changes

Seen byMarketFieldChange
2026-09-27 12:47xyz:UMCpresenceabsent → present
2026-09-25 00:47xyz:LRCXpresenceabsent → present
2026-09-24 00:47xyz:OURApresenceabsent → present
2026-09-22 18:47xyz:INTCoiCapUsd250000000.0 → 350000000.0
2026-09-22 18:47xyz:METAoiCapUsd150000000.0 → 200000000.0
2026-09-22 18:47xyz:MSTRoiCapUsd100000000.0 → 150000000.0
2026-09-22 18:47xyz:AVGOoiCapUsd25000000.0 → 75000000.0
2026-09-22 18:47xyz:ZHIPUoiCapUsd50000000.0 → 100000000.0
2026-09-18 12:47xyz:HOpresenceabsent → present
2026-09-18 00:47xyz:TLTisDelistedtrue → false
2026-09-17 18:47DEXfeeRecipient0x9cd0a696c7cbb9d44de99268194cb08e5684e5fe → 0x83ffcfb1f2ad843c474b2e28df86c721cb869d3a
2026-09-17 18:47xyz:CVXmarginModestrictIsolated → noCross

Changes come from six-hourly official snapshots, so each time shows when the change was first seen, not the exact moment it happened. Full history and CSV: HIP-3 capacity history.

Other active HIP-3 DEXs

Risk notice
Stock perps are synthetic derivatives, not shares. They do not provide ownership, dividends, or voting rights, and traders can lose money through funding, basis, oracle issues, liquidity gaps, margin, and market volatility.

Sources

3 references · Expand
  • Supports: HIP-3 builder-deployed perp mechanics, deployer responsibilities, 500,000 HYPE staking requirement, minimum stake duration, deployment rules, configurable fees, settlement, oracle duties, slashing risk, cross margin, and backstop liquidation.
  • Supports: Core and HIP-3 perpetual DEX discovery, current market contexts including rolling dayNtlVlm, perpetual metadata, funding history, predicted funding, DEX and market limits, DEX status, configuration metadata, clearinghouse state, and open-interest cap fields.
  • Hyperliquid Docs: FeesAccessed 2026-08-26
    Supports: Rolling 14-day volume tiers, perps and spot fee schedules, HIP-3 deployer fee scale and growth mode, strict HYPE staking-tier thresholds and discounts, referral fee formula and limits, staking-account linking risks, fee-model caveats, fee distribution to HLP, the assistance fund, and deployers, the assistance fund system address, and burn recognition of assistance-fund HYPE.