The txyz venue was activated at 13:15 UTC, three and a half hours after 500,000 $HYPE cleared the unstaking queue at 09:41, making Trade[XYZ]/Unit the newest HIP-4 deployer on Hyperliquid. The HIP-3 bond backing the xyz perp DEX remains untouched at 500,216, since one stake cannot also cover a HIP-4 venue. The author notes the venue brings perps and outcome markets together under one roof, and cites earlier on-chain activity on the @tradexyz HIP-3 deployer wallet from 29 August as evidence of the positioning.

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