The turning point for HIP-3 is here: Trade.XYZ takes 90% of the market, other players start exiting. In just over half a year, HIP-3's trading volume surpassed $300 billion, but liquidity and users were almost entirely absorbed by Trade.XYZ. Projects like Felix and Ventuals have shut down one after another. The open market creation has been proven, but the next step is to address whether the ecosystem will be left with just one super app.