Hyperliquid Oil Perpetual Futures Reach $1.7 Billion in Daily Volume
The report says traders are using Hyperliquid’s oil perpetual futures (crypto derivatives without expiry) to access 24/7 WTI crude exposure during weekends and traditional market closures.
Summary
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Terms & Concepts
Perpetual futures: Crypto derivatives contracts with no expiration date, allowing traders to maintain positions continuously as long as margin requirements are met.
WTI: West Texas Intermediate, a widely used benchmark for U.S. crude oil prices in global energy markets.
24/7 trading: A market structure that allows trading at all hours, unlike traditional commodity markets that close on weekends and holidays.