Crypto
Hyperliquid Oil Futures Hit $1.2B Trading Volume Amid Middle East Warfare
The post Hyperliquid Oil Futures Hit $1.2B Trading Volume Amid Middle East Warfare appeared first on Coinpedia Fintech News
Hyperliquid, the world’s leading decentralized exchange (DEX) for perpetual futures, has attained $1.29 billion in trading volume for its oil futures. This is now only rivalled by Bitcoin at $3.56 billion, while Ether is the second runner-up at $1.24 billion. The figure is also a 66.67% surge in volume from yesterday’s $720 million.
Source: Hyperliquid
The hike has primarily been driven by the previous 30% upsurge in oil prices to $120 a barrel, due to the US-Iran war. News of an impending oil shortage spread due to the closure of the Strait of Hormuz and the disruption of several energy producers in the Middle East.
However, at writing time, the Hyperliquid CL-USDC contract, which tracks West Texas Intermediate (WTI) crude oil, had a 24h trading volume of $1.99 billion. This represented a 10.78% drop after oil prices retreated to $85.32 a barrel following intervention from the G7 industrial nations and the International Energy Agency (IEA). The two will jointly release over 1.2 billion emergency barrels, which will be further cushioned by a surplus reported by the US Energy Information Administration (EIA) last year. Investors also speculate that the US military’s takeover would lead to resumption in global oil flows to pre-conflict levels.
Source: Hyperliquid
Liquidations for long positions have now surpassed $40 million, with one whale losing a whopping $1.55 million.
Why Hyperliquid has recorded notable figures
Hyperliquid’s achievements (including $844M revenue for 2025) are attributed to its HIP-3 markets, which deal in Real World Assets (RWA) 24/7, with execution speeds and liquidity rivaling those of major exchanges.
Silver remains the top-traded RWA due to high demand from artificial intelligence (AI) and electric vehicle (EV) developers. At press time, the industrial metal was trading at $87, having gained 5% in the last 24h.
Meanwhile, HYPE was trading at $35.20, up 16% in the day, following the DEX’s surge in trading volume.
Source: CoinGecko
The content on CoinReporter.io is for informational purposes only and is not financial or investment advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. CoinReporter.io and its authors are not liable for any losses resulting from actions based on this website’s content.
Singapore is again the largest crypto economy in Central and Southeast Asia and Oceania. Chainalysis put activity there at $284 billion in the year to June 2026, up 55.4%. The wider region contracted 6.8% over the same window, July 2025 through June 2026.
The jump was not a retail wave. Institutional-platform activity rose 94% to $60 billion, concentrated in a small set of market makers, over-the-counter desks and institutional brokerages. Chainalysis told Cointelegraph the growth was “mostly high-volume activity by existing platforms rather than the dynamic entry of new services.” Outside that book, flows into centralized exchanges rose 30% and flows into decentralized exchanges rose 69%. Both moved. Neither explains the headline.
Australia was second at $173.1 billion. Total activity there fell 5.6%, mostly on a drop in DEX flows, while institutional-platform activity rose 33.3% to about $39.9 billion. India was still large, at $135 billion, but down 14.7% — one of the sharper declines in the set. It kept the region’s biggest centralized-exchange inflows, $88.4 billion, ahead of Singapore’s $82.3 billion and Australia’s $79.3 billion. Vietnam was fourth at $122.2 billion, then Indonesia at $83.2 billion, Thailand at $82.8 billion and the Philippines at $44.5 billion.
The other half of the report is the opposite market. The Philippines, Thailand and Vietnam together logged 5.4 million peer-to-peer transfers under $10,000, domestic and cross-border. That is 14.4% of such transfers worldwide, from countries that are 2.5% of the global crypto economy. Thailand and Vietnam also ran sizable domestic stablecoin markets, $10.4 billion and $6.9 billion. Cross-border stablecoin flow was larger than domestic in those markets. Chainalysis tied that to speed, cost and ease of use, not to a trading desk in Raffles Place.
Read together, the region split. Singapore’s number is a financial-center number: existing institutional pipes, more volume through them, plus broader exchange flow while the Monetary Authority of Singapore has been tightening licensing and still backing tokenization and stablecoin settlement. India’s number is an exchange-inflow number that shrank at the top line. The Mekong and Philippine number is small tickets. Institutional platforms across CSAO processed $152.3 billion, up 40%, and took 18.9% of regional activity by the end of the second quarter. That share is rising. It is not the same thing as adoption.
South Korea Ranks Second in On-Chain Crypto Holdings as the Tax Date Holds
South Korea is second only to the United States in cryptocurrency that can be measured sitting in wallets and on...
HSBC Names Its Hong Kong Stablecoin RedCoin, and Starts With PayMe
HSBC named the stablecoin it has not yet issued. On September 30 the bank said the Hong Kong-dollar token will...
Hong Kong Moves Licensed Stablecoins Onto Exchanges and Into Fund Settlement
Hong Kong’s stablecoin law is already in force. The September policy address is the next step: the tokens those licences...
Japan’s Licensed Yen Stablecoin Traded at Four Times Its Peg on Upbit
JPYC, the first yen stablecoin licensed in Japan, opened on Upbit on September 17 and briefly traded at about four...
South Korea Sets Capital and Ledger Rules for Tokenized Stocks and Bonds
The Financial Services Commission published the subordinate rules that would let tokenized securities start in Korea on February 4, 2027....
Singapore Reclaims the Regional Crypto Lead at $284 Billion as the Rest of CSAO Shrinks
Singapore is again the largest crypto economy in Central and Southeast Asia and Oceania. Chainalysis put activity there at $284...
UK FCA Opens Crypto Licensing Gateway, Giving Firms Until February 2027 to File
The Financial Conduct Authority opened its crypto authorisation gateway on September 30, the first time UK crypto firms can apply...
Robinhood Puts Hedge-Fund Tools in the App as Macro Turns Softer
Robinhood used HOOD Summit in Houston to do what the brokerage has been signaling all year: stop being only a...
Bitget Puts $300 Million Protection Fund Back After Hack
30 September 2026 — Bitget says its user Protection Fund is back above $300 million, six days after a major...
Banks, ETFs and a Hacked Exchange: The Week Crypto’s Plumbing Went Institutional
The week did not need a new all-time high. It needed licenses, fund wrappers, a withdrawal queue and a phone...
-
Crypto4 weeks agoBinance Completes 48th Monthly LUNC Burn as BNB Chain Marks Six Years
-
DeFi2 weeks agoBitcoin Reclaims $81,000 and Closes Above Key 50-Week Moving Average
-
DeFi3 weeks agoSolana Sets Record with Over 263,000 New Tokens Minted in a Single Day
-
DeFi1 month agoTokenized Stock Volume Jumps 415% in a Month as Holder Base Explodes
-
Bitcoin1 month agoStrategy Ends 10-Week Pause, Buys 4,603 BTC for $369.7 Million
-
Crypto4 weeks agoArbitrum (ARB) Surges Nearly 30% as Robinhood Chain Revenue Explodes
-
Crypto1 month agoStellar’s Tokenized RWA Market Quadruples to Nearly $4 Billion
-
Bitcoin1 month agoBitcoin Delivers Strongest August Since 2017 as Rally Digests Macro Signals
-
Bitcoin1 month agoSpot Crypto ETFs Attract Over $2 Billion in Weekly Net Inflows
-
DeFi3 weeks agoVisa Stablecoin Settlement Volume Hits $20 Billion Annualized Run Rate
-
DeFi4 weeks agoChainlink Partners with Bottomline to Enable Cross-Chain Payments for 600+ Banks
-
DeFi4 weeks agoDash Leads Privacy Coin Rally with Massive Gains
-
DeFi4 weeks agoZcash Breaks $1,000 for First Time in Nearly a Decade on ETF Momentum
-
DeFi1 week agoCoinbase Adds Fixed-Rate Bitcoin-Backed Loans via Morpho Midnight
-
DeFi4 weeks agoNYSE Owner ICE Bets on tZERO to Advance Tokenized Securities Infrastructure
-
DeFi4 weeks agoCME Overtakes Other Venues to Become Leading XRP Futures Market
-
DeFi4 weeks agoMacro Pressure Intensifies: Rising Yields, Oil Spike, and Fed Hike Odds Weigh on Risk Assets
-
Bitcoin3 weeks agoBlock (Jack Dorsey) Applies for U.S. Trust Bank Charter
-
DeFi3 weeks agoFirst U.S. Staked TRX ETF (Canary TRXS) Debuts
-
Crypto1 month agoBitwise Solana ETF (BSOL) Becomes First to Cross $1 Billion in Assets
-
Bitcoin1 month agoStrive Acquires 1,800 BTC for $143 Million, Enters Top Five Corporate Holders
-
Bitcoin4 weeks agoBitcoin Slips Below $80,000 After Strong U.S. Jobs Report Despite Record ETF Inflows
-
DeFi3 weeks agoSenate Republicans Release “Final” CLARITY Act Draft Ahead of September 15 Cloture Vote
-
DeFi3 weeks agoEthereum Advances Plans for Gas Payments Without Holding ETH
-
DeFi4 weeks agoLondon Stock Exchange Partners with Kraken Parent to Tokenize Top UK Stocks
-
Bitcoin3 weeks agoLiquid Network Exploit: 4,000 BTC Drained, 3,400 Returned in White-Hat Negotiation
-
Bitcoin1 week agoX Partners With Coinbase, Kraken, Gemini and Brokers to Trade From the Timeline
-
DeFi1 week ago
Bitcoin Surges Above $87,000 on ETF Inflows and Massive Short Squeeze
-
DeFi1 week agoBitcoin Surges Above $87,000 as Crypto Market Cap Reclaims $3 Trillion
-
DeFi2 weeks agoSEC Opens Pathway for Tokenized U.S. Equities After Legislative Setback
-
DeFi2 weeks agoCFTC Submits Crypto Market Rules to White House Amid Congressional Stall
-
Bitcoin3 weeks agoCrypto Market Faces Pressure as Bitcoin Tests Support Near $78K Amid Macro Headwinds
-
DeFi3 weeks agoBitmine Immersion Continues Aggressive ETH Accumulation
-
Bitcoin1 month agoBitcoin ETF Inflow Streak Ends Amid Hawkish Fed Commentary
-
DeFi2 weeks agoCircle Launches Arc Mainnet with Institutional Validators Including BlackRock and Visa
-
DeFi3 weeks agoCircle to Acquire Tazapay for $400 Million