Trade.xyz Traditional Asset Contract Position Hits New High, Total Position in US and Brent Crude Surpasses $770M

BlockBeats News, March 30, according to Hyperinsight monitoring, Trade.xyz's traditional asset open interest under its mapping contract has hit a new high, and this synthetic contract is deployed on the Hyperliquid platform through HIP-3. The current intraday open interest has reached $1.65 billion, with a slight decline in trading volume to around $2.07 billion during the same period, and the open interest accounts for over 90% of the HIP-3 market share.

In addition, as the geopolitical situation continues to escalate, the crude oil market remains the top traditional asset in terms of open interest on the platform. The combined intraday open interest of WTI crude oil and Brent crude oil has exceeded $774 million, with a total trading volume of $497 million during the same period.