$HYPE Due to geopolitical tensions driving oil prices above $105, Hyperliquid's decentralized derivatives exchange saw oil-related trading volume exceed $500 million within 24 hours. Its native token HYPE rose 27% this week, approaching $39. The platform's real-world assets framework HIP-3 currently accounts for 30% of daily trading volume. The chief executive noted that liquidity, low costs, and innovation are its key advantages. The exchange provides 24-hour service unaffected by traditional market closures, allowing users to hedge during oil price surges and stock market declines. However, HYPE is currently still 34% below its September peak of $59.

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