Hyperliquid’s CL-USDC Crude Oil Futures Surpass $100 Million in Daily Trading

Hyperliquid’s CL-USDC WTI oil futures mapping contract generated over $100 million in 24-hour volume, with $52.5 million in open interest, while crypto pairs ranked among the platform’s top-traded markets.

BTC
ETH
SOL

Summary

Hyperliquid’s CL-USDC WTI oil futures mapping contract recorded more than $100 million in 24-hour trading volume, with open interest standing at $52.5 million. In addition to commodities exposure, crypto trading pairs including BTC, ETH, SOL, and HYPE ranked among the top ten by volume, alongside commodity and U.S. stock-linked products, reflecting diversified activity across asset classes on the platform.

Terms & Concepts
  • Open Interest: The total value of outstanding derivative contracts that remain active and have not been closed or settled.
  • Futures Contract: A derivative agreement that obligates participants to buy or sell an underlying asset at a set price on a future date.
  • USDC: A U.S. dollar-pegged stablecoin used for on-chain trading, settlement, and collateral in crypto markets.