{"id":95562,"date":"2026-03-25T15:00:00","date_gmt":"2026-03-25T12:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95562"},"modified":"2026-03-25T15:00:25","modified_gmt":"2026-03-25T12:00:25","slug":"commodity-boom-drives-hyperliquid-to-record-5-4-billion-volume","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/commodity-boom-drives-hyperliquid-to-record-5-4-billion-volume\/","title":{"rendered":"Commodity Boom Drives Hyperliquid to Record $5.4 Billion Volume"},"content":{"rendered":"<p>On March 23, daily trading volume on <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> reached a record $5.4 billion, driven by increased user interest in commodities.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">HIP-3 just printed another ATH in perp volume<\/p>\n<p>here is what people are trading:<br \/>\u2014 Silver: $1.3B<br \/>\u2014 WTI Crude Oil (CL): $1.2B<br \/>\u2014 Brent Crude Oil (BRENT): $940M<br \/>\u2014 Gold: $558M<br \/>\u2014 Nasdaq: $370M<br \/>\u2014 S&#038;P500: $271M<\/p>\n<p>Total: $5.4B on Mar 23<\/p>\n<p>HIP-3 are finding their product market fit through\u2026 <a href=\"https:\/\/t.co\/RvCZlXQZH3\">pic.twitter.com\/RvCZlXQZH3<\/a><\/p>\n<p>\u2014 ZJ (@0xslayerrrr) <a href=\"https:\/\/twitter.com\/0xslayerrrr\/status\/2036451857669730673?ref_src=twsrc%5Etfw\">March 24, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Artemis, the structure of the most popular assets was as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li>silver \u2014 $1.3 billion;<\/li>\n<li>WTI crude oil \u2014 $1.2 billion;<\/li>\n<li>Brent \u2014 $940 million;<\/li>\n<li>gold \u2014 $558 million.<\/li>\n<\/ul>\n<p>Traders also showed activity in trading stock indices. The turnover for Nasdaq contracts was $370 million, and for S&#038;P 500 \u2014 $271 million.<\/p>\n<p>Analysts note that the platform has found its niche in the derivatives sector for commodities and assets sensitive to macroeconomic news.<\/p>\n<p>Experts at Binance <a href=\"https:\/\/www.binance.com\/en\/research\/analysis\/the-impact-of-oil-on-bitcoin\">believe<\/a> that there is historically no stable correlation between the prices of the leading cryptocurrency and oil. In their view, internal events in the crypto industry, rather than geopolitical factors, pose a real threat to Bitcoin&#8217;s price.<\/p>\n<h2 class=\"wp-block-heading\">Wintermute Enters the Oil Market<\/h2>\n<p>Wintermute Asia has opened access to contracts for difference (CFD) on WTI crude oil. Transactions are conducted through the company&#8217;s over-the-counter (OTC) desk.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">24\/7 access to the world&#8217;s most liquid energy benchmark<\/p>\n<p>Crude oil CFDs are now live via Wintermute Asia\u2019s OTC desk, with:<\/p>\n<p>\u2023 Leveraged WTI exposure<br \/>\u2023 Weekend and holiday trading<br \/>\u2023 Zero-fee execution<br \/>\u2023 Fiat and crypto collateral<br \/>\u2023 Chat, NODE, and API access <a href=\"https:\/\/t.co\/BEkCgXoKqA\">pic.twitter.com\/BEkCgXoKqA<\/a><\/p>\n<p>\u2014 Wintermute (@wintermute_t) <a href=\"https:\/\/twitter.com\/wintermute_t\/status\/2036451953769636150?ref_src=twsrc%5Etfw\">March 24, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The new instrument provides round-the-clock access to the asset, including weekends and holidays. This allows positions to be opened with leverage when traditional commodity exchanges are closed.<\/p>\n<p>The launch followed a recent spike in volatility. At the opening of trading on March 23, WTI prices surged sharply, then corrected by 13.5% intraday. Participants in traditional markets could not hedge risks over the weekend and respond to price changes until Monday.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe see high demand from counterparties looking to use cryptocurrency infrastructure to trade traditional products like oil. Wintermute clients could have capitalized on the weekend movement before the session opened,\u201d said the company&#8217;s CEO, Evgeny Gaevoy.<\/em><\/p>\n<\/blockquote>\n<p>Trading CFDs on WTI is available with zero fees through chat, Wintermute&#8217;s proprietary platform, or <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span>. A wide range of fiat currencies and digital assets are accepted as margin collateral.<\/p>\n<p>Back in February, the market maker <a href=\"https:\/\/forklog.com\/en\/news\/wintermute-launches-otc-trading-for-tokenized-gold\">added<\/a> support for <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tokenised-gold-and-why-are-billions-flowing-into-it\">tokenized gold<\/a> on its OTC platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 23, daily trading volume on Hyperliquid reached a record $5.4 billion, driven by increased user interest in commodities.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"Hyperliquid's trading volume hit $5.4B due to commodity interest.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1823,1211,1149],"class_list":["post-95562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-hyperliquid","tag-stock-market","tag-wintermute"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"","layout_type":"","short_excerpt":"Hyperliquid's trading volume hit $5.4B due to commodity interest.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95562"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95562\/revisions"}],"predecessor-version":[{"id":95563,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95562\/revisions\/95563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}