The economic calendar — and what the tape did about it

What it is

VYX carries the global economic calendar — rate decisions, CPI, payrolls, GDP, PMIs, central-bank speeches, and market holidays — as ticks on the chart’s time axis, colour-graded by impact. Hover a tick for the release; click to pin it. The same events list in the inspector’s agenda, newest first, so you can see what has just landed and what is coming.

The reaction — the part a calendar site cannot show you

A number on its own is not tradable; what the venue did with it is. So every high-impact release carries a Reaction: a measurement of the ten minutes after the scheduled time, taken from VYX’s own order flow across the whole Hyperliquid universe. You get the share of markets that closed higher, the biggest mover, net taker flow, the change in open interest, and how the window’s volume compared with the twenty minutes before it. On a pinned or expanded card, one written line summarises those numbers.

How to read it

• Breadth is the share of measured markets that closed the window higher, followed by how many markets were measured.
• Flow is net taker aggression across the window — positive means buyers lifted more than sellers hit.
• OI is the change in open interest: rising means new positions opened into the move, falling means positions were closed out.
• Vol is the window’s traded notional against the twenty minutes before the print. 1× means the release changed nothing about participation.
• “No response” means the tape did not move on the release. That is a real result, not missing data — most scheduled prints do nothing to crypto.

About the released figure

Previous and Forecast come from the public calendar feed. The released figure — Act — arrives from that same free feed and is not always published; when a release has passed but no figure has reached us, the card says “awaiting” rather than inventing one. The Reaction does not depend on it: it is measured from our own market data off the scheduled time, so it lands whether or not the number ever shows up.

What it does not do

A reaction describes a window of time after a release. It does not claim the release caused the move, and it is never a trade call — no direction, no target, no bias. Ten minutes of correlation is not causation, and a print that moved the tape once will not reliably do it again. Use it to tell whether a scheduled event is worth your attention on this venue, and let the board tell you the rest.