I'm seeing some interesting changes at Hyperliquid. The trading volume of WTI crude oil futures (CL-USDC) has recently exceeded $100 million, and the platform's trading landscape is becoming quite diverse.



What stands out even more is the composition of the top 10 contracts by trading volume. Cryptocurrencies only account for BTC, ETH, SOL, and HYPE, while the rest are traditional assets (gold, silver, crude oil) and U.S. stocks (S&P 500, Nasdaq 100, Nvidia), with three each. Open interest also reaches $52.5 million, indicating significant trading interest.

Ultimately, it seems that platforms like Hyperliquid are transforming from simple crypto exchanges into trading hubs that encompass a variety of asset classes. The demand for traditional assets, based on trading volume, is more substantial than expected.
BTC-0.22%
ETH-1.82%
SOL0.39%
HYPE-2.72%
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