{"id":76974,"date":"2026-03-19T19:01:35","date_gmt":"2026-03-19T19:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=76974"},"modified":"2026-03-19T19:01:35","modified_gmt":"2026-03-19T19:01:35","slug":"jpmorgan-non-crypto-traders-using-hyperliquid-for-24-7-oil-trading-during-iran-war","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=76974","title":{"rendered":"JPMorgan: Non-Crypto Traders Using Hyperliquid For 24\/7 Oil Trading During Iran War"},"content":{"rendered":"<div>\n<p><strong>Hyperliquid\u2019s<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/PURR\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"PURR\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/PURR\">PURR<\/a>) oil perpetual futures contract hit $1.7 billion in daily trading volume as non-crypto traders sought 24\/7 oil exposure during the Iran war, <strong>JPMorgan <\/strong><a class=\"ticker-link\" data-ticker=\"JPM\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/JPM\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/JPM\">JPM<\/a>) analysts said on Thursday.<\/p>\n<h3 class=\"wp-block-heading\">The Weekend Oil Trading Surge<\/h3>\n<p>Trading in Hyperliquid\u2019s West Texas Intermediate crude oil (CL-USDC) contract <a href=\"https:\/\/www.theblock.co\/post\/394380\/jpmorgan-hyperliquid-crypto-traction-24-7-oil-trading?utm_source=rss&amp;utm_medium=rss\">spiked<\/a> earlier this month as the Iran war escalated over a weekend when traditional venues like CME were closed. Open interest rose to roughly $300 million.<\/p>\n<p>The contract is margined in USDC and offers leverage of up to 20x, making it accessible to traders seeking exposure.\u00a0<\/p>\n<p>Daily trading volume reached around $1.7 billion at its peak, surpassing all products except <strong>Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and <strong>Ethereum<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>).<\/p>\n<p>\u201cThis traction is likely to grow over time and extend to other assets beyond commodities as decentralized exchanges exploit &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51365425\/jpmorgan-non-crypto-traders-using-hyperliquid-for-24-7-oil-trading-during-iran-war?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"JPMorgan:\" non-crypto traders using hyperliquid for oil trading during iran war>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid\u2019s (NASDAQ:PURR) oil perpetual futures contract hit $1.7 billion in daily trading volume as non-crypto traders sought 24\/7 oil exposure during the Iran war, JPMorgan (NYSE:JPM) analysts said on Thursday. The Weekend Oil Trading Surge Trading in Hyperliquid\u2019s West Texas Intermediate crude oil (CL-USDC) contract spiked earlier this month as the Iran war escalated over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-76974","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76974"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76974\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}