HyperDash: TradeXYZ HIP-3 Becomes Hyperliquid's Largest User Acquisition Channel

HyperDash Chief Revenue Officer Hanson Birringer reported that TradeXYZ's HIP-3 contracts, launched on October 13, 2025, have become the primary driver for new user acquisition on Hyperliquid. Data shows that 173,794 wallets, representing 48.7% of those trading on xyz markets, were new to the Hyperliquid platform. The open interest share for xyz markets grew from 0.2% at launch to a peak of 37.2%, currently sitting at 25.9%.