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Trade.xyz Switches XYZ100 Trading to Isolated Margin Mode

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Trade.xyz has transitioned XYZ100 trading to isolated margin mode, effective at 9:30 AM ET on January 20. This update allows users to withdraw unrealized PnL from open positions. XYZ100 tracks the Nasdaq 100 index and provides 24/7 leveraged on-chain trading. The margin trading adjustments are designed to enhance risk management for traders utilizing on-chain trading signals.

BlockBeats news: On January 20, Hyperliquid's on-chain perpetual DEX Trade.xyz announced that it will switch XYZ100 trading to an isolated margin mode. The change will take effect at 9:30 AM Eastern Time on January 20, allowing users to withdraw unrealized profits and losses from open positions.


BlockBeats Note: XYZ100 essentially tracks the performance of the Nasdaq 100 index, similar to a blockchain-based version of Nasdaq 100 futures, allowing users to trade the rise and fall of the U.S. tech stock index 24/7 (including with leverage).

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