Oil and metals perpetuals dominated Hyperliquid’s HIP-3 (permissionless) contracts, capturing over 67% of volume. This marks a massive shift from index-heavy trading to real-world assets as traders hedge against geopolitical volatility and underperforming altcoins. $HYPE

HYPEUSDT

Perp

44.39

+8.83%

$ONDO

ONDOUSDT

Perp

0.2569

+6.20%

$XAU

XAUUSDT

Perp

4,757.88

+2.29%

#OilMarket #MetalCrypto #Hyperliquid