【Bloomberg Terminal quietly adds on-chain market prices. Are institutions about to dive in? 🏦🔍】
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The Bloomberg Terminal is a screen institutional traders keep their eyes on every day. Recently, a new market quote quietly appeared on that screen. It comes from an on-chain trading platform. Crypto, stocks, commodities, and forex—all in one place. These prices used to be available only on crypto-specific websites. Now they sit alongside quotes from traditional markets. 🖥️
The platform is called Hyperliquid. It offers on-chain perpetual contracts. Institutions don’t have to leave the interface they’re familiar with. Just enter the symbol WSL HYPE to pull it up. Bitcoin, Nvidia, and the S&P 500 all appear in the same column. Brent crude and the EUR/USD exchange rate can be compared there, too. 📈
Here’s the interesting part: you can’t place orders through this feature yet. You can only view prices; trades can’t be executed for now. But for institutions, simply being able to see the prices is already important. They can put them in the same table for comparison. That makes it easier to calculate capital requirements and set risk controls. Before, they had to build their own connections to access on-chain data. 🔍
Why are institutions starting to watch on-chain prices? Because those markets never close. When stock markets shut for the weekend, on-chain markets keep moving. Prices continue to change on holidays and in the middle of the night. Anyone looking to hedge or rebalance needs a reference price. That need is more pressing than many people think. 🌙
Here are some even more striking numbers. In September, its open interest topped $18 billion. At the end of August, that figure was only $13 billion. That’s an increase of about $5 billion in just a few weeks. HYPE was trading at just over $93. Its total market cap also climbed above $20.7 billion. 🐋
On-chain markets are undeniably volatile, though. There are no price limits, and liquidations happen automatically. Being able to see the prices doesn’t mean institutions are ready to move their positions over. The real turning point will come when they can actually place orders. For now, these quotes feel more like an opening act. You can see the prices, but you can’t touch the positions—yet. ⚠️
📌 Bloomberg Terminal now shows quotes for on-chain perpetual contracts, but orders can’t be placed yet.
Do you think institutions will start trading directly next?
Join Mr. X’s fan group chat on the homepage 🔥
The Bloomberg Terminal is a screen institutional traders keep their eyes on every day. Recently, a new market quote quietly appeared on that screen. It comes from an on-chain trading platform. Crypto, stocks, commodities, and forex—all in one place. These prices used to be available only on crypto-specific websites. Now they sit alongside quotes from traditional markets. 🖥️
The platform is called Hyperliquid. It offers on-chain perpetual contracts. Institutions don’t have to leave the interface they’re familiar with. Just enter the symbol WSL HYPE to pull it up. Bitcoin, Nvidia, and the S&P 500 all appear in the same column. Brent crude and the EUR/USD exchange rate can be compared there, too. 📈
Here’s the interesting part: you can’t place orders through this feature yet. You can only view prices; trades can’t be executed for now. But for institutions, simply being able to see the prices is already important. They can put them in the same table for comparison. That makes it easier to calculate capital requirements and set risk controls. Before, they had to build their own connections to access on-chain data. 🔍
Why are institutions starting to watch on-chain prices? Because those markets never close. When stock markets shut for the weekend, on-chain markets keep moving. Prices continue to change on holidays and in the middle of the night. Anyone looking to hedge or rebalance needs a reference price. That need is more pressing than many people think. 🌙
Here are some even more striking numbers. In September, its open interest topped $18 billion. At the end of August, that figure was only $13 billion. That’s an increase of about $5 billion in just a few weeks. HYPE was trading at just over $93. Its total market cap also climbed above $20.7 billion. 🐋
On-chain markets are undeniably volatile, though. There are no price limits, and liquidations happen automatically. Being able to see the prices doesn’t mean institutions are ready to move their positions over. The real turning point will come when they can actually place orders. For now, these quotes feel more like an opening act. You can see the prices, but you can’t touch the positions—yet. ⚠️
📌 Bloomberg Terminal now shows quotes for on-chain perpetual contracts, but orders can’t be placed yet.
Do you think institutions will start trading directly next?
