trade.xyz undertook $15.72 billion in traditional market trading volume last week, with the on-chain slippage rate reaching 11%.
BlockBeats News, June 8, according to Hyperinsight monitoring, during the last cycle, the overall trading volume of the traditional asset contracts deployed based on HIP-3 by Trade.xyz reached $15.72 billion, with a daily trading peak of $4 billion. The on-chain contract trading volume of Trade.xyz has already accounted for approximately 0.201% of the overall traditional market. Over the weekend, a total of $807 million in transactions were processed, including:
Commodities:
WTI and Brent Crude Oil: Using the NYMEX corresponding futures continuous contract as the benchmark, the trading volume of Trade.xyz's crude oil contract has reached approximately 2.3%, with a total weekly trading volume for both oils reaching $3.16 billion;
Silver: Benchmarking against the iShares Silver ETF (SLV), Trade.xyz's trading volume has reached approximately 11.1%, with a weekly trading volume of $660 million;
US Stocks:
In terms of weekly trading volume, Trade.xyz's corresponding contracts for the top-traded stocks Micron Technology (MU) and Marvell (MRVL) accounted for about 0.39% and 0.75%, respectively, of the actual stock trading volume in the global traditional securities market, with transaction amounts reaching $10.4 billion and $9.58 billion, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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