Trade[XYZ] lists India's Nifty 50 as a 24/7 perp on Hyperliquid with up to 20x leverage
The contract tracks the index in rupees and settles in USDC. It is not available to US residents under Trade[XYZ]'s terms.
· Effective · Verified 2026-10-31 via official announcement
Effective Oct 27, 2026: Trade[XYZ] lists India's Nifty 50 as a 24/7 perp on Hyperliquid with up to 20x leverage. Affects: Traders outside the US. Source: x.com, verified Oct 31, 2026. trade.xyz code DEXSHEET (4% off fees).
Trade[XYZ] opened a perpetual futures market on India's Nifty 50 stock index on 27 October 2026, trading on Hyperliquid under the ticker xyz:NIFTY. The contract offers up to 20x leverage, trades around the clock, references the index's level in Indian rupees with no currency conversion, and settles gains and losses in USDC.
Trade[XYZ] announced on X that "NIFTY is now live". Hyperliquid's own market data lists xyz:NIFTY with a maximum leverage of 20x, isolated margin only, and growth mode switched on, which puts it on Trade[XYZ]'s lower fee schedule of 0.009% taker and 0.003% maker at the base tier. Its daily price history on Hyperliquid starts on 27 October.
The market keeps trading when India's National Stock Exchange is shut, including weekends and holidays. Press reports say Trade[XYZ] prices it from index data while the underlying market is open and from activity on its own order book when it is closed, so off-hours prices can move away from the last official index level. The contract gives no ownership of the underlying shares and is not an NSE product.
Trade[XYZ] adds the Nifty 50 to its existing perps on US and Asian stocks, indices, commodities and currencies. Its Terms of Use list residents of the United States, Canada and the United Kingdom as restricted, and the separate ICE plan for a US-regulated version of its markets still needs regulatory approval.
“NIFTY is now live. 20x leverage, 24/7, 365.”
— Trade[XYZ] on X
Who this affects
Traders outside the US, Canada and the UK who want leveraged exposure to Indian large-cap stocks from a Hyperliquid account. The launch does not say whether Indian residents may use it under Indian rules.
trade.xyz at a glance
trade.xyz deploys perpetual markets on Hyperliquid through HIP-3, covering US and Asian stocks, ETFs, equity indices, commodities, FX and pre-IPO companies, all margined and settled in USDC. Hyperliquid's own engine matches orders and holds positions; trade.xyz sets the market rules and price feeds and runs a web interface at app.trade.xyz.
Full trade.xyz sheet · 0.018% round trip · Also affects Hyperliquid
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- trade.xyz on X - NIFTY is now live, 20x leverage, 24/7 (2026-10-27) — checked 2026-10-31
- Hyperliquid info API - meta for the xyz dex (xyz:NIFTY maxLeverage 20, isolated only, growth mode enabled) and daily candles from 2026-10-27 — checked 2026-10-31
- trade.xyz docs - Fees (growth-mode markets 0.009% taker, 0.003% maker at the base tier) — checked 2026-10-20
- trade.xyz Terms of Use (last updated 2026-09-06), section 2.2 restricted persons — checked 2026-10-29
- TokenPost - Trade.xyz Says NIFTY 50 Perpetual Market Is Live With Up to 20x Leverage (2026-10-27) — checked 2026-10-31
- FinanceFeeds - Trade[XYZ] Launches Nifty 50 Perpetual Futures on Hyperliquid With 24/7 Trading (2026-10-27) — checked 2026-10-31
- The Crypto Times - India's NIFTY Perpetual Goes Live on Hyperliquid with 20x Leverage and 24/7 Access (2026-10-27) — checked 2026-10-31
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