xyz exchange has announced the launch of synthetic equity markets on Hyperliquid via the HIP-3 system, covering over 30 companies including NVIDIA, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and others.

Traders can go Long or Short on these stocks 24/7 using USDC as collateral without requiring a US brokerage account. Prices are pegged to actual US market stock prices in real-time.

In addition to stocks, xyz has added country ETFs such as EWY (South Korea) and EWJ (Japan), as well as forex pairs like EUR/USD and USD/JPY, making SiamDEX a one-stop platform for Thai traders seeking access to a diverse range of assets without KYC.

However, since HIP-3 assets are synthetic instruments, liquidity may be lower than the actual market during non-US market hours. Traders should be cautious of wider spreads during such periods.

Hyperliquid recorded the highest trading volume in DEX history, reaching $10 billion per day during Q1 2025. This figure allows Hyperliquid to surpass dYdX, Drift, and all other perpetual DEXs combined.

The main factors driving this growth include the launch of HIP-3, which enables the trading of synthetic stocks and commodities, the continuous addition of new listings, and a UX that is the closest to a CEX among all DEXs.

Analysts from DeFi Llama state that Hyperliquid maintains a market share of over 60% in the perpetual DEX sector and is likely to continue rising throughout this year.

For Thai traders, using SiamDEX—which connects directly to Hyperliquid—provides immediate access to this world-class liquidity without the need for KYC.