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TradeXYZ controls 95% of $3.2B HIP-3 open interest, raising concerns over market concentration and regulatory risks.

Protocol Fundamentals
12 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

TradeXYZ dominates Hyperliquid's HIP-3 perpetual futures market, controlling over 95% of the $3.2 billion open interest. This concentration creates regulatory risks and threatens the sustainability of HYPE token demand. Other deployers face much longer payback periods, discouraging competition and leading to market exits like Felix Perps. Analysts propose tiered staking and adjusted auction economics to encourage broader participation and reduce TradeXYZ's dominance, aiming to foster a more competitive market environment.

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Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

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Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

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4 hours ago
US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

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