Hyperliquid Giant Whale: Trade.xyz Quickly Achieves 71.3% of Transactions and Nearly 70% of OI
2026-08-07 15:35:04
According to CoinMeta, Trade.xyz quickly secured 71.3% of the trading volume and nearly 70% of the open interest ( OI ) just 32 hours after going online. Despite Yu Shu ( Unitree ) losing the first-mover advantage, Trade.xyz was still able to gain pricing power. The reason why Paragon's first-mover advantage was lost may be hidden in its nearly 99.6% of the daily share ( hip-3 ).
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