Bloomberg: Trading activity on crypto derivatives platforms linked to traditional assets has increased significantly.

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According to Bloomberg, trading activity on crypto derivatives platforms for contracts linked to traditional assets has increased significantly. Hydromancer data shows that a perpetual contract linked to silver on Hyperliquid has accumulated a trading volume of $28.28 billion; since its launch in January, a perpetual crude oil contract has also seen a trading volume approaching $400 million. Flowdesk OTC trader Karim Dandashy stated that Hyperliquid acted as a "price discovery" venue over the weekend, with open interest in futures contracts linked to traditional assets reaching an all-time high.

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