US EditionOil Becomes the Hottest Trade on Hyperliquid
9 Articles
9 Articles
Hyperliquid price nears $35 breakout as oil perps surge
Hyperliquid price is testing $35 as oil-linked perpetual contracts surge, driving record trading volume and attracting institutional attention. As buyers pushed the price toward the top of its weekly range, the token was trading at $34.69 at the time of…
Investors are turning to tokenized assets to hedge against the Middle East crisis while traditional markets remain closed. Read more
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Bitcoin Ethereum NewsHyperliquid Jumps on Margin Upgrade, Oil Trading Frenzy
Hyperliquid's HYPE token spiked as oil perpetuals volume hits $1.4B, with non-crypto markets now dominating its permissionless trading.
The period seems to be conducive to the development of the Hyperliquid platform, while the markets are under pressure with the conflict in the Middle East while continuing to remain closed the weekend. Result: perpetual contracts on oil blow up its volumes towards new records. The Hyperliquid article sets the records - Oil becomes its second most popular asset behind Bitcoin appeared first on Cryptoast.
Oil-Linked Crypto Contract Surges above $1.2B Volume on Hyperliquid
Hyperliquid, a popular crypto derivatives exchange, has witnessed a significant spike in activity this week amid a rapid jump in an oil-linked crypto perpetual contract. Specifically, the CL-USDC perpetual contract has seen its trading volume hit the huge $1.2B on Hyperliquid. As a result of this rise, the contract has surpassed the Ethereum ($ETH) market, coming only after Bitcoin ($BTC). The development takes place amid a sheer surge in crude …
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