One month after launching oil contracts, Binance has overtaken Hyperliquid in 24-hour trading volumes. Binance reported a 24-hour trading volume of $1.423 billion for CL contracts, compared to Hyperliquid's $817 million. For BZ contracts, Binance recorded $404 million, surpassing Hyperliquid's $294 million. The ongoing blockade of the Strait of Hormuz, now in its third month, continues to create uncertainty in U.S.-Iran relations, keeping oil trading activity high.
Binance Surpasses Hyperliquid in Oil Contract Trading Volume
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