BlockBeats reported on January 20th that the Hyperliquid-based Perp DEX Trade.xyz announced a switch to a segregated margin trading model for XYZ100. The change took effect at 9:30 AM Eastern Time on January 20th, 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 an on-chain version of Nasdaq 100 futures, allowing users to trade the rise and fall of US tech stock indices 24/7 (including leverage).