📊 #Trading activity in #crypto derivatives contracts tied to traditional assets has risen notably. According to Hydromancer data, a silvered #perpetual contract on #Hyperliquid reached a cumulative #trading volume of $28.28 billion, while an oil #perpetual contract logged nearly $400 million in volume since launching in January this year. Flowdesk OTC trader Karim Dandashy stated that #Hyperliquid has served as a “price discovery” venue on weekends, and open interest in futures tied to traditional assets has hit a record high. #crypto