trade[XYZ] Launches Event-Based Markets on Hyperliquid With HIP-4

TL;DR:

• The trade[XYZ] protocol formalized the launch of “Events” on the Hyperliquid network backed by the HIP-4 technical standard.
• The implementation integrates Up/Down contracts on equities, commodities, and pre-IPO companies, in addition to sports markets.
• The settlement of initial financial contracts is resolved directly against the prices of perpetual futures from trade[XYZ]’s HIP-3 module.

Trading platform trade[XYZ] launches event-based markets on Hyperliquid with HIP-4 this Thursday. With this move, it integrates instruments on events and real-world outcomes into the network’s ecosystem.

Introducing Events by trade[XYZ].

With Events, we’re advancing our vision of Hyperliquid as the universal exchange—a single, composable system for trading financial assets and real-world outcomes.

A user can deposit spot BTC, borrow USDC through portfolio margin, open a pre-ipo…

- trade.xyz (@tradexyz) September 10, 2026

With this technical milestone, trade[XYZ], recognized as the leading issuer of equity perpetual markets under the HIP-3 standard, expands its operations into binary and event contracts.

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