Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
Hyperliquid’s permissionless market hits record $1.2 billion in open positions as oil and equity futures boom
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
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Bitcoin's price fell to $58,900 while other major cryptocurrencies fell more than 4% late Wednesday.
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
The Tokyo-listed firm now holds 12,345 BTC.