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Great news for traders: Gem Wallet now supports trading on HIP-3 markets from trade[XYZ] - on iOS starting with version 2.114.82. Oil, stocks of the largest US companies, and precious metals now trade right in the wallet 24/7, next to your crypto.
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PerplexityGem Wallet Integrates HIP-3 Markets From trade[XYZ]
Gem Wallet has integrated HIP-3 markets from trade[XYZ] into the Perpetuals section: oil, stocks, metals, stock indexes, and currencies. They sit in the same list as Hyperliquid’s own markets - BTC, ETH, and SOL - and our users trade them with leverage, using the same USDC collateral. Every trade is executed on the Hyperliquid blockchain, so trading stays fully decentralized.
Say on a Saturday you decide gold will keep rising. You open a long position on xyz:GOLD right in Gem Wallet, without waiting for Monday or opening a brokerage account: HIP-3 markets keep running when traditional markets are closed, and even on a weekend day more than $35M a day flows through the xyz:CL oil market (according to Hyperliquid, November 2026). We covered how the oil market on Hyperliquid works in detail in “How to Trade Oil on Hyperliquid”.
What Is HIP-3?
HIP-3 is a standard of the Hyperliquid blockchain that lets an outside team launch its own perpetual futures venue on the network and choose its markets, price sources, and maximum leverage.
To launch such a venue, the team keeps 500,000 HYPE staked for at least 183 days, and trades on its markets run through the same trading engine as Hyperliquid’s own markets (according to Hyperliquid documentation, November 2026).
A perpetual future is a contract that tracks the price of an asset with no expiry date: you trade the price of oil or a stock without owning the barrel or the share itself.
What Is trade[XYZ]?
trade[XYZ] is the largest venue on HIP-3: it brings stocks, stock indexes, commodities, and currencies to Hyperliquid so you can trade any asset at any time. trade[XYZ] accounts for more than 90% of the daily trading volume across all HIP-3 venues, and open interest on its markets exceeds $4B (according to Hyperliquid, November 2026). trade[XYZ] takes oil prices from CME and ICE futures and uses the S&P 500 index under license from S&P Dow Jones Indices.
Which HIP-3 Markets Are Available in Gem Wallet
The table below shows the main HIP-3 markets Gem Wallet displays by asset class, with maximum leverage from 20x to 50x, according to Hyperliquid as of November 2026:
| Asset Class | Markets in the App | What the Market Tracks | Leverage Up To |
|---|---|---|---|
| Oil | xyz:CL, xyz:BRENTOIL | WTI (CME) and Brent (ICE) oil futures | 20x |
| US Stocks | xyz:NVDA, xyz:AAPL, xyz:TSLA, xyz:MSFT, xyz:SPCX | NVIDIA, Apple, Tesla, Microsoft, and SpaceX shares | 20x |
| Metals | xyz:GOLD, xyz:SILVER | The USD price of an ounce of gold and silver | 25x |
| Stock Indexes | xyz:SP500, xyz:XYZ100 | The S&P 500 and the 100 largest non-financial US companies | 50x and 30x |
| Currencies | xyz:EUR, xyz:JPY | The euro and yen exchange rates against the dollar | 50x |
Gem Wallet shows HIP-3 markets with a daily trading volume of $1M or more and marks them with the xyz: prefix, so the list in the app changes along with traders’ interest.
How to Open a Trade on a HIP-3 Market in Gem Wallet
For example, here is how your first trade on the gold market opens right in Gem Wallet:
- Turn on Perpetuals in Settings → Preferences
- Top up your Perpetuals balance with Deposit - from 5 USDC on Arbitrum
- Open the xyz:GOLD market through search in Perpetuals
- Tap Long or Short and confirm the margin and leverage - the position opens with isolated margin by default and appears in Positions with its entry price and liquidation price
A trade on the HIP-3 gold market in Gem Wallet: the market card and the position opening screen
Important: A USDC transfer from Arbitrum is paid in ETH, so keep a little ETH on Arbitrum in your balance before your first deposit.
Trade Responsibly
Perpetual futures are leveraged trading: leverage multiplies both profit and loss, and a position is liquidated if the price moves against you past the liquidation price. Trade only an amount you are ready to lose, and set Auto Close with a take profit and a stop loss.
While oil trading on CME and ICE is closed, the xyz:CL price can move no more than 5% from the closing price, and after two resets of this band - up to about +16% or -14% until the futures reopen (according to trade[XYZ] documentation, November 2026). If your liquidation price lies outside this band, the position is not liquidated until trading resumes, but at the open the price can jump straight to the real futures price.
Perpetuals in Gem Wallet are not available in the United Kingdom and the United States, and the trade[XYZ] terms also exclude users from Canada.
Benefits of HIP-3 Markets for Gem Wallet Users
Gem Wallet is a self-custody wallet with 100% open-source code for iOS and Android: in one app you store, swap, and stake crypto, buy it with a credit card, and now also trade oil, stocks, and metals. Here is what the HIP-3 markets integration gives our users in Perpetuals:
- Oil, Stocks, and Crypto in One List: HIP-3 markets sit in Perpetuals next to BTC and ETH, and one USDC balance serves as collateral for all of them - no brokerage account and no bank transfer.
- 24/7 Trading: HIP-3 markets run at night and on weekends, so you can react to news right away.
- Isolated Margin by Default: Each position on HIP-3 markets risks only its own collateral, and the rest of your USDC balance stays untouched.
- USDC Balance Top-Up: Buy USDC right in the app with a credit card, Apple Pay, Google Pay, or 30+ other payment methods - fast and convenient, then top up Perpetuals with it as collateral for trades on HIP-3 markets.
- Simple and Clear Interface: Every Gem Wallet feature is built into the app and clear from the first tap, and trading oil or stocks is no exception - it is simple for beginners and experienced traders alike.
Resources for Developers
The Perpetuals code in Gem Wallet is fully open, and anyone can read how HIP-3 markets work in the app:
📖 Perpetuals in Gem Wallet on GitHub
📖 Gem Wallet Documentation on Trading on Hyperliquid
Conclusion
The integration of HIP-3 markets from trade[XYZ] gives our users oil, stocks, and metals in the same wallet where they keep their crypto, and we will keep adding the markets you care about. Update Gem Wallet, open Perpetuals, and try your first oil trade - securely and privately.
Disclaimer: This article is for informational and educational purposes only and is not financial or investment advice. Crypto assets are highly volatile, and you can lose all the money you invest. Do your own research and make decisions at your own risk.
