— Aster, HyperLiquid
Oil price surge sparks billion-dollar trading frenzy on crypto platforms
Tokenized crude oil perpetuals on Hyperliquid have generated multiple, billion-dollar trading days this week.
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— Aster, HyperLiquid
Tokenized crude oil perpetuals on Hyperliquid have generated multiple, billion-dollar trading days this week.
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.
Polymarket quietly sunsetted one of its two de facto subsidies for quants adding liquidity to lure retail ‘taker’ orders.
After a senior Bloomberg analyst called for bitcoin to crash to $10k and kept interrupting his counterargument, Lawrence Lepard ragequit.
Skepticism about Binance and CZ continues to fester since October 10, and the company’s $1B BTC buy isn’t helping.
Similar to how BTC traders once paid a premium for GBTC, Chinese traders are paying 60% above silver holdings for a Shenzen fund.
The world’s largest crypto exchanges waited until gold had already rallied 70-80% to open up traditional products for retail trading.