Exansion Path

Expansion Path

Our Roadmap to Complete Markets

ChainSight's vision extends beyond variance perpetuals. We're systematically bringing every major asset class on-chain, prioritizing based on liquidity depth, institutional demand, and technical readiness.


Core Traditional Markets

Major Forex Pairs

Pair
Daily Volume
Volatility Profile
Rationale

EUR/USD

~$1.7T

5-8% annualized

Deepest FX pair globally, institutional necessity

USD/JPY

Very high

Low-moderate

Critical for Asia exposure, carry trade hedging

GBP/USD

High

Moderate

Brexit volatility, strong retail interest

Equity Indices

Index
Infrastructure
Volatility Profile
Use Case

S&P 500

E-mini ES equivalent

Moderate, regime-dependent

Global risk barometer, macro hedging

Nasdaq-100

Tech concentration

Higher than S&P

Growth exposure, earnings volatility

EURO STOXX 50

European blue-chips

Policy-sensitive

EU market exposure, dividend plays


Commodity Markets

Energy Complex

Product
Reference Market
Volatility
Trading Considerations

WTI Crude

NYMEX CL (1M+ contracts/day)

Medium-high

Geopolitical events, OPEC decisions

Brent Crude

ICE Brent

Similar to WTI

Global benchmark, shipping spreads

Natural Gas

NYMEX NG

Extremely volatile

Weather-driven, requires wider funding bands

Precious Metals

Metal
Liquidity Profile
Volatility
Primary Demand

Gold

$86.5B/day futures

Lower baseline

Macro hedge, rates correlation

Silver

Thinner than gold

Higher variance

Retail interest, industrial demand

Copper

Industrial benchmark

Moderate-high

China proxy, economic indicator


Specialized Markets

Emerging Market Assets

Category
Examples
Characteristics
Implementation Priority

EM Forex

USD/MXN, USD/CNH

Higher volatility, carry opportunities

Medium - after G10 pairs

EM Indices

MSCI EM, Hang Seng

Policy-sensitive, growth exposure

Medium - requires robust data

Single Countries

Brazil Ibovespa, India NIFTY

High variance, local dynamics

Lower - complex holiday calendars

Sector Strategies

Sector
Underlying Assets
Target Users
Complexity

Tech Concentration

SOXX, semiconductor indices

Thematic traders

Medium

Financials

Banking indices, credit spreads

Rate traders

High

Energy Equities

XLE equivalent

Commodity correlation plays

Medium


Prioritization Framework

Why This Sequence?

1. Liquidity Depth First We prioritize markets with established global liquidity. EUR/USD's $1.7T daily volume ensures tight spreads from day one.

2. Infrastructure Readiness Markets with robust data feeds and clear benchmarks launch faster. S&P 500 and gold have bulletproof reference prices.

3. Institutional Demand Professional traders need variance products and major FX pairs for portfolio construction. Retail follows institutions.

4. Technical Complexity Simple spot-based perpetuals before complex derivatives. Natural gas volatility requires more sophisticated risk controls than gold.

Launch Criteria Checklist

Before any new market goes live:

  • ✅ Minimum $10B daily volume in reference market

  • ✅ At least 3 independent data sources for oracle redundancy

  • ✅ Clear funding rate methodology

  • ✅ Established volatility regime (for appropriate margin requirements)

  • ✅ 24/7 price availability or clear session handling


Beyond the Roadmap

Community-Driven Listings

HIP-3's permissionless nature means we can rapidly deploy markets based on trader demand. Vote on priorities, suggest new instruments, or even co-develop specialized products.

Partnership Opportunities

Trading firms and protocols can collaborate to launch custom markets:

  • Correlation pairs (BTC/Gold spread)

  • Thematic baskets (AI tokens vs. Nasdaq)

  • Event contracts (Fed rate decisions, elections)

The End State

Every financial instrument that matters—from Turkish Lira to carbon credits—trading 24/7 on Hyperliquid through ChainSight's infrastructure. Not just replicating TradFi, but surpassing it.


This roadmap is indicative and subject to technical feasibility, regulatory considerations, and market conditions. Markets may be accelerated or deferred based on ecosystem developments.

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