Hyperliquid launches licensed S&P 500 perps, adds USDC, tests bank card on-ramp

S&P 500 perps went live on Hyperliquid. USDC arrived on HyperEVM. Fiat on-ramp testing opened.

TradeXYZ launched the first official S&P 500 perpetual. The contract is licensed by S&P Dow Jones Indices and is exclusive to Hyperliquid. 24/7 benchmark exposure now sits on a crypto-native venue. Source: trade.xyz.

Fiat on-ramps entered live testing via Swapped. Hyperliquid users can top up with bank cards. Source: NewsBTC.

Coinbase enabled sends and receives of USDC on HyperEVM in supported regions. Liquidity flows into spot, perps, and apps on Hyperliquid’s stack. Source: Coinbase Markets.

TradeXYZ posted new volume highs. User activity also climbed.
- 24h peak volume $5.6B
- Daily unique traders 45.3k
- Weekend peak volume $1.09B
- Cumulative volume $110B
- Open interest $1.6B
- XYZ share of Hypercore volume 44.4%
Source: trade.xyz.

HIP-3 commodities gained traction. Combined open interest topped $1.5B last week. Source: NewsBTC.

Community pushes continue. Hype Global and Hyperliquid FR host Builders Night at ETHCC Cannes on March 31. Source: HYPE Global.

Title: S&P 500 perps debut on Hyperliquid; USDC live on HyperEVM; trade.xyz hits $5.6B in 24h volume