Oil futures hold on as the top active asset on HIP-3. Oil futures for WTI and Brent are now among the top 5 contracts based on commodities.
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
Hyperliquid’s PURR oil perpetual futures contract hit $1.7 billion in daily trading volume as non-crypto traders sought 24/7 oil exposure during the Iran war, JPMorgan JPM analysts said on Thursday.
Round-the-clock oil trading on Hyperliquid is drawing investors beyond crypto as geopolitical shocks expose gaps in traditional markets, the bank said.
Oil-linked perpetual contract on Hyperliquid surpasses Ethereum trading volume after oil prices jump 30% amid rising Middle East tensions.
JPMorgan says Iran war volatility drove oil traders to Hyperliquid as CME closed, lifting volume to $1.7B daily peak.
Oil-linked trading on cryptocurrency exchange Hyperliquid surged past $1.2 billion in volume over 24 hours, making it the ...
Crude oil just pulled a move straight out of the meme-stock playbook. Prices ripped nearly 80% in six days, briefly touching around $120 a barrel before tumbling back toward the m ...
A trader loses big from a $3.2M crude oil futures bet on Hyperliquid, highlighting the perils of high leverage trading in volatile markets.
Oil futures finished sharply lower Monday, with U.S. prices down by more than 5%, as traders continued to weigh developments in the Iran conflict.
As oil traders brace for a historic release from the US Strategic Petroleum Reserve in the form of a loan, they’re dumping ...