On Saturday, February 28, the crypto futures for oil at Hyperliquid increased by about 6.2%, reaching $70.6 per barrel, for gold — by 5%, reaching $5464 per troy ounce, for silver — over 8%, reaching $97.5 per ounce (at one point even above $100). The trading volume of tokenized contracts for precious metals on the blockchain platform exceeded $400 million in a day, reports Bloomberg.
Hyperliquid leads among perp-DEX: in the last 24 hours, the platform's turnover reached $5.8 billion. Its closest competitor, the Aster platform, has a turnover of less than $2.7 billion. Hyperliquid launched an update in October that allowed trading derivatives on stocks and commodities.
Against the backdrop of the war between the USA and Israel with Iran, cryptocurrencies began to fall in price. #BTC at one point fell by about 3.8%, to $63,030. Ethereum dropped by 4.5%, to $1,836. The total capitalization of the crypto market decreased amid military actions by approximately $128 billion, claims CoinGecko. According to data from the analytical platform CoinGlass, the daily volume of liquidations on cryptocurrency futures contracts exceeded $445 million, and forced position closures affected more than 135,000 traders.
On Sunday, March 1, Bitcoin and Ethereum recovered from yesterday's drop. After news broke of the death of Iran's Supreme Leader Ali Khamenei, the first cryptocurrency jumped to $68,000, although it later corrected to $67,200. Ethereum at one point exceeded $2,000.