Trade.xyz has transitioned XYZ100 trading to isolated margin mode, effective at 9:30 AM ET on January 20. This update allows users to withdraw unrealized PnL from open positions. XYZ100 tracks the Nasdaq 100 index and provides 24/7 leveraged on-chain trading. The margin trading adjustments are designed to enhance risk management for traders utilizing on-chain trading signals.
BlockBeats news: On January 20, Hyperliquid's on-chain perpetual DEX Trade.xyz announced that it will switch XYZ100 trading to an isolated margin mode. The change will take effect at 9:30 AM Eastern Time on January 20, 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 a blockchain-based version of Nasdaq 100 futures, allowing users to trade the rise and fall of the U.S. tech stock index 24/7 (including with leverage).
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.