Trading agents are becoming composable.
@PerpGame is turning live agent positions into liquid tokens that can plug into DeFi.
Collateral. LPs. Lending. Yield strategies.
Exposure to the agent’s performance without running the strategy yourself.
Tokenized Trading Agents
A successful trading agent’s actual positions become a liquid token.
That token plugs directly into existing DeFi — collateral, LPs, lending, yield strategies.
You own the performance without running the agent.
Real alpha underneath. One coin that composes.
On July 27 the SKHYNIX mark price got hit hard by an external Korean pre-market print. The oracle tracked it exactly as designed and some traders got liquidated.
Trade XYZ stepped up and announced they will fully cover every liquidation loss from this anomaly. Real accountability.
Respect for putting users first and treating market integrity as a core value. One-time decision, but it shows the right mindset.
On July 27 at 23:01 UTC, SKHYNIX mark price dropped from $1,127.9 to $917.25. This print was based on an executed trade which was relayed by multiple independent data providers. The XYZ oracle was live in external pricing and tracking that venue, which serves as the primary Korean pre-market venue. The oracle system worked as intended according to its specification.
While the system performed as designed, users are understandably upset about liquidations that were triggered. Market integrity is among Trade[XYZ]'s core values, and we understand the trust of our users has been, and will continue to be, earned.
With these values in mind, we have decided to cover liquidation losses attributable to this anomaly. Eligibility requirements will be conveyed soon, and distributions are anticipated to be completed in the coming days. This is a one-time discretionary decision and is not a guarantee of similar future action.
Going forward, our pricing systems will be further improved to handle tail events. We are accelerating our review of how prices are formed, including revisiting assumptions on external venues, and taking into consideration the price formation which occurs on our own orderbooks, which carry increasingly meaningful depth and signal in relation to external sources.
We will share further information soon.
Memes as the attention layer.
Agents as the performance layer.
@PerpGame is bringing a new HyperEVM primitive where meme tokens can sit on top of real agent tokens running live Hyperliquid perp strategies with NAV underneath.
Meme culture, but with an actual trading agent behind it.
Details below 👇
New primitive dropping on HyperEVM:
Memes backed by real agent tokens.
Meme lives on HyperEVM.
Agent underneath runs live Hyperliquid perps with real NAV.
Attention layer × Performance layer.
Dropping soon. Who is ready? 👀🤯
Vlad Novakovski vs Jeff Yan
Vlad Novakovski:
U.S. Olympiad teams in Informatics and Physics (silver medals), Harvard at 16 and graduated at 18, Citadel quant trader at 18 (personally recruited by Ken Griffin), Head of Machine Learning at Quora, VP of Engineering at Addepar, co-founder of Lunchclub, and founder of Lighter (raised $68M at a $1.5B valuation).
Lighter currently generates about $100K in revenue per day.
Jeff Yan:
founder of Hyperliquid, he runs a fully self-funded project with no VC money, a very small team, and a strict no-insiders philosophy.
Hyperliquid generates up to $2.5M in revenue per day.
Hyperliquid.
BitMart just announced an orderly wind-down of its crypto trading platform after checking out operating conditions, the market environment, and their overall strategy. New registrations, deposits, and trading are all suspended starting July 26, 2026.
Another CEX bites the dust—DEXs are the future, and Hyperliquid’s gonna lead the way.
Hyperliquid.
Important Notice
After a careful evaluation of the Company's operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations. We deeply regret having to make this decision.
Key dates:
• Jul 26, 2026, 01:30 UTC: New registrations, deposits, and new trading orders will begin to be suspended.
• Aug 26, 2026, 01:00 UTC: All trading services will be discontinued.
• Jan 31, 2027, 15:59 UTC: Platform operations will officially cease.
Withdrawal services will remain available. We strongly encourage all users to close positions, complete KYC (if needed), and withdraw assets as early as possible.
Please read the full announcement for important timelines and instructions:
🔗 https://t.co/oaBXNZXt76
Thank you for your trust and support over the years. ❤️
Most trading workflows are still split across X, news feeds, charts, and separate execution tabs.
@midasmarketsxyz brings all of it into one AI-native platform: market signals, ticker context, sentiment, and execution, built on Hyperliquid.
Trade crypto, equities, commodities, FX, perps and pre-IPO markets from the same interface.
The key idea is simple: move from discovery → context → execution with fewer tabs and faster signal.
The News Feed surfaces what's actually trending with the tickers already tagged, and The Wire pulls in the accounts that move markets, sentiment and all, so you're not hunting for context across ten different tabs.
Yesterday Midas dropped First Take, a feed of trade setups built by AI from the last 24 hours of news and trader signals. Every setup ships ready to trade, entry, target, stop, plus the reasoning behind it: the catalyst, why it matters now, and where it breaks.
Try Midas here:
https://t.co/HIGcPah57L
First Take is live.
The biggest moves in the last 24 hours, packaged in a one-click trade, powered by Midas.
Every setup defined by what happened, why it matters now, and invalidation.
The thinking's done. Your move.
https://t.co/4N6vUotlIl
It’s sad to see BitMEX shut down, but honestly not surprising at all.
Their market share has dropped a ton over the years from when they were the clear pioneer. These days the competition’s fierce—other CEXs are in the mix, and DEXs like Hyperliquid have just exploded.
Hyperliquid.
Dear BitMEX Users,
Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.
The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations following a strategic review of the business.
It may not look the same today, but we are proud of our 11+ year legacy and the role we played in shaping the crypto industry. We invented the 100x leverage perpetual swap, which for most of you, was the first step to your crypto trading journey. It is now the most traded financial product in the crypto industry, adopted by thousands of users and exchanges. And we remain proud of our robust security infrastructure, which has allowed us to maintain a flawless track record of 0 customer funds lost to hacks in our entire operating history.
We want to reassure you that your assets remain fully safe and under your control during this transition period. This announcement is just to give enough time to ensure a smooth withdrawal process for everyone.
From today we strongly encourage all users to close their positions and withdraw their funds as soon as convenient. For more details on the full process, please read our blog: https://t.co/OOHeh6xHm8
BitMEX was once home to some of the greatest traders today. Our team has dedicated tremendous effort and passion into building the platform into what it is, and we are glad to have reached some of you during your time with us. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years.
The BitMEX Team
Creator incentives just got bigger on @PerpGame.
Agent creators now keep 75% of trading fees, while agents remain backed by real perp + stock baskets with transparent AI rebalancing.
Launch an agent. Build the basket. Let it trade.
Details below 👇
Big update on @PerpGame
Creator fees are now 75%.
You launch an AI agent → you keep 75% of all trading fees.
Agents are still fully backed by real perp + stock baskets, with transparent AI rebalancing.
More incentive to launch. More reason to push your agent.
Live now → https://t.co/a4yoscK6Ch
Matt Hougan: hyperliquid:native could double and still be fairly valued.
crypto’s next bull market may not be about “crypto vs tradfi”
it may be about crypto becoming the rails for tradfi.
stablecoins, tokenized stocks, 24/7 markets, instant settlement, and DeFi are all starting to merge with traditional finance.
and Hyperliquid is one of the clearest examples.
Hyperliquid started as a crypto perps exchange.
now almost half of its volume comes from traditional assets like oil, silver, and the S&P 500.
that matters.
because Hyperliquid is not just a “narrative token.”
it has:
- real users
- real volume
- real revenue
- strong token value capture
the platform is on pace to generate around $800M in annual revenue.
and 99% of that revenue is used to buy back HYPE from the open market.
this is what many DeFi tokens were missing.
usage goes up, but token value does not follow.
Hyperliquid fixes that problem better than most.
if the next cycle is about finance moving onchain, HYPE is sitting in a very strong position:
crypto-native product, but attacking tradfi markets.
Matt thinks HYPE could double and still be fairly valued.
We haven’t entered a full market uptrend yet, but Hyperliquid’s key indicators have already hit all-time highs.
Hyperliquid is eating the CEXs’ lunch on open interest.
vs OKX: Hyperliquid now represents 45.5% of the combined OI
vs Bybit: 35.8%
vs Binance: 18.7%
The shift is happening in real time.
🔥 Hyperliquid is launching permissionless deployment for HIP-4 outcome markets on testnet, enabling any qualified builder to create event-based contracts like binary predictions by staking 500k HYPE tokens.
🔥 Hyperliquid’s on-chain order book did 92% of Robinhood’s entire trading volume—stocks, options, crypto, and events combined—and it’s only a two-year-old exchange.
We’re comparing Hyperliquid to one of the biggest stock trading platforms in the world.
Jeff Yan: Hyperliquid is often seen as an exchange, but the bigger idea is that it can become financial infrastructure.
think about what AWS did for startups:
before AWS, teams had to buy servers, manage power, fix hardware, and rebuild the same backend again and again
AWS removed that pain
small teams could just build products
hyperliquid is trying to do the same thing for finance
not for servers, but for:
- liquidity
- ledgers
- deployments
- perp markets
- RWA tokenization
- financial apps
the interesting part is that liquidity compounds
when more wallets, apps, and protocols plug into the same liquidity layer, everyone gets better markets
tighter spreads
deeper books
better execution
more useful apps
so the real bet is not “hyperliquid is a good trading app”
the real bet is:
hyperliquid becomes the shared liquidity layer for onchain finance.
🔥 Hyperion just signed an agreement with Skew Technologies to deploy 500,000 $HYPE toward launching HIP-3 perpetual futures markets and a new institutional listing service.
In simple terms: Hyperion is putting its HYPE to work. Skew will use this support to create new on-chain markets for institutions and partners on Hyperliquid.
Hyperion benefits in two ways: it gets equity in Skew, and it earns a share of listing-service revenue.
Why this matters: more markets on Hyperliquid could mean more activity, more demand for infrastructure, and more real utility for HYPE.
🔥 Hyperliquid is just way too good to be boring.
Hyperliquid pulled in $2.4 million in fees over the last 24 hours.
Meanwhile, Solana, Ethereum, BNB Chain, Robinhood, and Lighter combined generated just $1.1 million.
Agent battles are live on @PerpGame.
Duels let AI perp agents compete head-to-head, with the winner decided by the highest ROI over the selected timeframe.
Launch a duel. Deploy an agent. Let the sharper strategy take the pot.
AI perp warfare starts here 👇
🚨 DUELS ARE LIVE on PerpGame! 🔥
Agent vs Agent prediction battles just dropped.
Launch a Duel → Set the timeframe → Winner takes the pot by highest ROI on their perp calls.
Pure alpha warfare.
Who’s building the sharpest AI perp agent?
Launch your Duel. Deploy your Agent. Battle it out.
👉 https://t.co/a4yoscK6Ch
Let the games begin 🏆 #PerpGame #AIAgents #Hyperliquid