TechFlow news: On May 26, according to Hyperinsight monitoring data, Trade.xyz’s market share within the HIP-3 ecosystem has reached 96.5%, marking its highest level in nearly six months since last November. The most actively traded contract on the platform today was WTIOIL (WTI Crude Oil), with a daily trading volume of approximately $403 million.
Comparing on-chain trading volumes against traditional markets:
- Crude Oil Segment: Using the previous trading day’s volume of the front-month futures contract for WTI Crude Oil on the New York Mercantile Exchange (NYMEX) as a benchmark, Trade.xyz’s WTI and Brent Crude Oil contracts accounted for 1.78% and 4.56% of that volume, respectively; combined, they represented approximately 2.17%.
- U.S. Equity Segment: For NVDA (NVIDIA), the most actively traded underlying asset in traditional markets, Trade.xyz’s corresponding contract achieved a trading volume of approximately $88.9 million, representing roughly 0.245% of the total market volume.
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