trade.xyz launches Events market for stocks, commodities, and pre-IPO assets

Trading platform trade.xyz, built on Hyperliquid, has introduced an Events market allowing users to trade outcomes related to sports, politics, and finance. The platform supports cross-margin trading using spot BTC and USDC, enabling users to trade perpetual futures for pre-IPO assets like SpaceX. The new Up/Down contracts utilize XYZ market prices for settlement, eliminating the need for external oracles.