Trade.xyz Oil Contracts Hit 32% of Traditional Futures Volume on June 1

According to Hyperinsight monitoring, Trade.xyz's HIP-3 traditional asset contracts generated $2.16 billion in volume on June 1, representing approximately 0.139% of the broader traditional market (ETF, futures, and equities combined at $15.6 trillion).

In commodity markets, Trade.xyz's Brent crude contract volume reached approximately 29.7% of the New York Mercantile Exchange's corresponding futures, while WTI crude accounted for 2.31%, combining to roughly 32% of traditional exchange volume. WTI crude was the platform's highest single-day volume market at $475 million. On U.S. equities, Trade.xyz contracts on Micron Technology and Nvidia represented 0.278% and 0.14% of global traditional securities volume, generating $163 million and $85.11 million respectively.