Crypto Traders Turn to Hyperliquid for Oil Bets Amid Iran Volatility – Decrypt
In brief Oil-linked perpetual futures on Hyperliquid recorded roughly $991 million in 24-hour trading volume, far exceeding activity for similar contracts on Coinbase. Brent crude briefly surged to about $119.50 a barrel earlier this week amid fears the Iran conflict could disrupt shipments through the Strait of Hormuz before pulling back. Hyperliquid routes a portion…