Trade.xyz Enables MAG7 Cross-Margin on Hyperliquid — Shared Margin for Seven Big Tech US Stock Perps

Published: 2026-02-26 08:06:14 |

Trade.xyz, a perpetual DEX built on the Hyperliquid chain, has activated cross-margin (MAG7) on mainnet for seven major US tech stocks: GOOGL, AMZN, AAPL, META, MSFT, NVDA and TSLA. The cross-margin feature allows margin to be shared among MAG7 perpetual positions, improving capital efficiency and reducing liquidation risk from volatility in any single position. Users are advised to use Unified Account or Portfolio Margin modes to realize full cross-margin benefits; standard accounts only share collateral among positions inside the same DEX and cannot cross platforms. This update follows prior Hyperliquid developments (HIP-3) that expanded shared margin mechanics across DEXs and links to MetaMask integrations converting tokens to USDC for margin. Key keywords: cross-margin, MAG7, Trade.xyz, Hyperliquid, perpetual DEX, US tech stocks, capital efficiency.

Bullish

Enabling MAG7 cross-margin on Trade.xyz is bullish for on-chain derivatives trading because it raises capital efficiency, lowers liquidation risk, and can attract more traders and larger positions to the Hyperliquid ecosystem. Shared margin across seven high-liquidity US tech perps (GOOGL, AMZN, AAPL, META, MSFT, NVDA, TSLA) makes on-chain perpetuals more competitive with centralized venues by reducing required isolated margin and enabling portfolio-level risk offset. Short-term, expect increased trading volume and larger order sizes as traders exploit margin synergies and hedging strategies across the MAG7 basket. Liquidity providers may respond by supplying deeper pools, tightening spreads. Long-term, successful adoption could strengthen Hyperliquid/Trade.xyz’s market position in tokenized equity derivatives, drawing more institutional or high-frequency participants and increasing total value locked. Risks remain: cross-margin can amplify systemic exposure if multiple correlated positions move together, and standard-account limitations may slow broader uptake. Past parallels: centralized exchanges adding portfolio margin or cross-margin features (and DEXs enabling multi-asset margining) have typically led to volume spikes and improved user retention, supporting a bullish outlook for on-chain perp activity.