Hyperliquid rides the weekend crude oil trading boom as open interest in both crude oil contracts surpasses $1 billion
BlockBeats News, April 13, according to official data, as the traditional markets closed this weekend, Hyperliquid rode the wave of crude oil trading, with open interest in the two main oil contracts surpassing 1 billion US dollars. Of this, WTIOIL open interest reached 670 million US dollars, while BRENTOIL open interest was 334 million US dollars.
At the same time, traders on Hyperliquid have started shifting to long positions in crude oil, with the 24-hour funding rate for both oil contracts currently rising to around 0.6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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