trade.xyz launches Events feature, initially covering up/down markets for stocks, commodities, and pre-IPO assets.

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trade.xyz has launched the Events feature, integrating support and resistance levels and technical analysis for crypto into a broader trading framework. Users can now deposit BTC, borrow USDC, and trade pre-IPO assets such as SpaceX. Event markets cover stocks, commodities, and real-world outcomes, with liquidity provided by HIP-3 perpetuals. Settlement uses a continuous price discovery mechanism. The platform aims to unify financial assets and outcomes within a single system.

Odaily Planet Daily reports that trade.xyz has announced the launch of Events, aiming to transform Hyperliquid into a unified trading system for financial assets and real-world outcomes. Users can deposit spot BTC into their unified trade.xyz account, borrow USDC via margin trading, open perpetual contracts on SpaceX’s pre-IPO shares, hedge against the upcoming SK Hynix earnings release using event markets, and bet on the winner of the US Open. Events will cover sports, politics, economics, and financial markets; the initial Up/Down markets will include stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the settlement source for contracts.

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