onchain markets.
Market read2026-08-06 21:10 UTC

Pre-IPO is leading the market today.

Pre-IPO moved +7.77% over 24h on $32.7M of volume across 10 markets — the largest leading move of any class we track. tradeXYZ holds 40% of 30d perp volume. Tightest measured spread is under 0.05bps.

See the venue data →
Pre-IPO 24h+7.77%
Best spreadunder 0.05bps
Crypto528
$4.37B
+2.32%
Equities450
$3.25B
-1.19%
Pre-IPO10
$33M
+7.77%
Commodities11
$874M
+1.35%
Indices11
$868M
-0.28%
ETFs24
$347M
+2.83%

Sector heat

colour is the 24h move
Semis & AI Hardware14$1.7B-0.53%Energy7$502.2M+2.52%Space & Defense2$457.1M+4.24%AI18$376.4M-0.67%Compute10$93.9M-0.43%Crypto Stocks9$81.4M-2.43%EV & Mobility4$26.5M-0.43%Biotech & Pharma3$4.2M+2.39%Nuclear & Uranium2$216K+0.86%

Venue share

30d volume
tradeXYZ40%
Hyperliquid33%
Lighter12%
Variational8%
Extended4%
QFEX1%

Signals

View all
tradeXYZ share, 30d40.3%
Tightest spread · BTC<0.05
Markets tracked1044
New this week12
Last book walk2026-08-06

New Listings Radar

Newly detected markets across tracked venues — incl. unmapped

12 newLIVE
SOXLDirexion Daily Semiconductor Bull 3X Sharesmapped

New market from HIP-3 deployer xyz.

tradeXYZetf · perp
4h agoTRADE →
CASHCATCASHCATmapped

New market detected on Lighter.

Lightercrypto · perp
4h agoTRADE →
NCLDNCLDmapped

New market from HIP-3 deployer xyz.

tradeXYZstock · perpliq $550
5h agoTRADE →
LYTELYTEmapped

New market from HIP-3 deployer xyz.

tradeXYZstock · perp
6h agoTRADE →
GOOGLAlphabet (Google)mapped

New market detected on Extended.

Extendedstock · perp
7h agoTRADE →
SPACEXSpaceXmapped

New market detected on Extended.

Extendedipo · perp
7h agoTRADE →
GEVGE Vernovamapped

New market from HIP-3 deployer xyz.

tradeXYZstock · perpliq $168
1d agoTRADE →
KORUKORUmapped

New market from HIP-3 deployer xyz.

tradeXYZstock · perpliq $124
1d agoTRADE →
UNITREEUnitree Roboticsmapped

New market detected on Lighter.

Lightercrypto · perp
1d agoTRADE →
UNITREEUnitree Roboticsmapped

New market from HIP-3 deployer xyz.

tradeXYZstock · perpliq $372
1d agoTRADE →
BXBlackstonemapped

New market detected on QFEX.

QFEXstock · perp
1d agoTRADE →
RDDTRDDTmapped

New market detected on QFEX.

QFEXstock · perp
1d agoTRADE →

Funding Spread Scanner

Cross-venue funding arbitrage, net of fee/borrow assumptions

LIVE
ASSETROUTESPREAD/8HNET APRLIQ 24HCONF
RIVER
RIVER
LONG Lighter/SHORT Variational
Long Lighter (74% ann.) vs short Variational (943% ann.).
79.3 bps866.9%$8Klow
US
Talus
LONG Extended/SHORT Variational
Long Extended (107% ann.) vs short Variational (875% ann.).
70.2 bps766.2%$3Klow
NAORIS
Naoris Protocol
LONG Extended/SHORT Variational
Long Extended (32% ann.) vs short Variational (758% ann.).
66.3 bps723.7%$896low
ZBT
ZEROBASE
LONG Extended/SHORT Variational
Long Extended (11% ann.) vs short Variational (733% ann.).
66.0 bps720.9%-low
JUP
Jupiter
LONG Variational/SHORT Extended
Long Variational (-705% ann.) vs short Extended (-14% ann.).
63.1 bps688.6%$40Klow
TAC
TransAlta
LONG Extended/SHORT Variational
Long Extended (89% ann.) vs short Variational (677% ann.).
53.7 bps585.6%-low

Market data from our own pipeline, captured 2026-08-06 21:10 UTC. Every figure carries its source — hover the i beside a metric. Not trading advice. Full venue analytics.

SEARCH⌘K