Rewards Hub Hyperliquid has reported a significant milestone in its crude oil trading, with open interest exceeding $1 billion as traditional markets closed for the weekend. The platform recorded $670 million in open interest for WTIOIL and $334 million for BRENTOIL. Additionally, traders have started shifting to long positions, with the 24-hour funding rate for both oils increasing to around 0.6%.
Hyperliquid's Crude Oil Open Interest Surpasses $1 Billion
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