I saw that during geopolitical upheavals, traders are increasingly turning to crypto. On weekends, when traditional markets are asleep, people actively hedge through perpetual contracts — this has become a lifeline for those who want to express their macroeconomic stance around the clock.

An interesting shift occurred on Hyperliquid: oil contracts jumped about 6.2% to $70.6 per barrel, gold and silver rose more than 5% and 8% respectively. Silver volumes over the past 24 hours exceeded $400 million, gold nearly $140 million. At the same time, US indices on the platform fell by 1-2%. The total crypto market capitalization decreased by approximately $128 billion due to a flight to safe assets.

Bitcoin, by the way, showed an interesting dynamic — it initially dropped 3.8%, then recovered. Currently, the price is around $77.8K. Ether also declined, now trading around $2.32K. Jake Ostrowski from Wintermute noted that thanks to 24/7 trading, Bitcoin has effectively become the most liquid asset for macro traders when other platforms are closed. It’s no longer just a cryptocurrency — it’s a tool for expressing global views in real time.

Charlie Ambroz from Felix added that weekends on Hyperliquid with its perpetual contracts demonstrate how crypto markets are gradually becoming a primary instrument for macro hedging. More and more assets are moving to round-the-clock trading — this could fundamentally change how global financial markets operate.