Compare Compound V3 and tradeXYZ on TVL, fees, revenue and activity to understand how these projects stack up.
$1.153B
Compound V3—also branded ‘Comet’—moves to a one‑way collateral model where users borrow a single base asset (USDC, ETH or WBTC) against isolated collateral lists. The simpler architecture reduces attack surface, halves gas per transaction and lets governance set per‑asset borrow caps. Launched on Ethereum in August 2022, V3 has since been ported to Arbitrum and Base and underpins products such as Coinbase’s USDC institutional lending pool.
tradeXYZ is the first HIP-3 deployment on Hyperliquid, enabling 24/7 trading of XYZ perpetual futures with deep, on-chain liquidity. It introduces a new class of financial primitives where equity-like assets and crypto markets coexist under one unified, high-performance engine. Built on Hyperliquid’s low-latency L1, tradeXYZ offers near-instant execution, efficient margining and robust risk controls.
Users can access around-the-clock equity exposure through XYZ perps, trade spot crypto at industry-low fees, and speculate or hedge with leverage on Hyperliquid perpetuals. By combining permissionless access, powerful tooling and novel market structures, tradeXYZ advances the vision of open, global capital markets where anyone can trade anything, anytime.