Trade.xyz Traditional Asset Holdings Hit $2.16 Billion to Reach New High, WTI Crude Oil Daily Trading Volume Surpasses ETH

BlockBeats News, April 3rd, according to Hyperinsight monitoring, the open interest of the traditional asset mapping contract deployed on the Hyperliquid platform through the HIP-3 protocol under Trade.xyz has continued to hit a new all-time high. The intraday open interest has reached $2.16 billion, accounting for over 90% of the HIP-3 market share; at the same time, the trading volume has also surged to a weekly high of around $3.97 billion.

Furthermore, due to the continued back-and-forth of the US-Iran situation, any movement in the Hormuz Strait can cause fluctuations in crude oil prices. The total trading volume of WTI crude oil and Brent crude oil has exceeded $1.08 billion intraday, reaching $1.28 billion. Among them, WTI crude oil has been more actively traded as its price surpassed Brent crude oil, with a daily trading volume of $837 million, already surpassing the volume of ETH on the Hyperliquid platform.