Over the weekend, traders flocked to the decentralized exchange Hyperliquid in response to escalating tensions between the US, Israel, and Iran, which heightened global risk sentiment. As a result, oil contracts surged approximately 6.2% to $70.6 per barrel, while gold and silver prices saw significant jumps of over 5% and 8%, respectively. This surge in commodity prices reflects a growing demand for safe-haven assets as investors seek round-the-clock hedging opportunities on Hyperliquid, which allows for continuous trading of perpetual contracts outside standard market hours.
Oil, gold prices surge as traders flock to Hyperliquid amid Iran tensions
