Hyperliquid’s S&P 500 perpetual market topped $100 million in 24-hour volume on Friday, making it one of the 10 largest markets on the booming blockchain. It’s impressive growth for a market that debuted just days earlier, and it’s the latest sign that blockchain-based traders are eager to trade in futures for traditional assets. Hyperliquid has become a popular venue for weekend trading of tokenised oil futures amid the war in Iran, topping $1 billion in weekend volume earlier this month. As traders i ...

Scott Bessent has spent 35 years watching markets. He’s seen currencies collapse, housing bubbles burst, and sovereign debt crises detonate in slow motion. So when the Treasury Secretary sat down with Wilfred Frost on The Master Investor Podcast this past week and was asked what actually worries him about markets—not the movements, but the real fear—his answer was deceptively precise. “Markets go up and down,” Bessent said. “What’s important is that they are continuous and functioning. In my 35-year car ...

RT Connor King (@connorking)What BTC has been over the last decade for desks & funds to trade risk over the weekends, Hyperliquid will be for price discovery for every liquid asset [class] moving forward ...

Core Viewpoint - The U.S. futures markets are closed, while gold markets are open, indicating a potential shift in trading dynamics and investor focus towards gold during the weekend [1][2]. Group 1 - U.S. futures markets are reported to be closed, which may affect trading strategies and market liquidity [1][2] - Gold markets are open, suggesting that investors may turn to gold as a safe haven during periods of market closure [1][2]

🚨 NEW: Tokenized gold like PAXG and XAUt now drives nearly all weekend gold price discovery while CME futures are closed, with market cap surging to $4.4B.Cointelegraph (@Cointelegraph):https://t.co/YZsdLCjwvw ...

Core Insights - The ongoing tensions between the US, Israel, and Iran have led to increased trading activity in commodities and traditional asset classes on crypto exchanges, particularly Hyperliquid, as traders seek 24/7 hedging options [2][6]. Group 1: Market Movements - Perpetual swap futures tied to oil increased by approximately 6.2% to $70.6 per barrel, while gold and silver futures rose more than 5% and 8% to $5,464 and $97.5 per troy ounce, respectively [3]. - Silver saw the highest trading volume among commodities on Hyperliquid, with over $400 million traded in the past 24 hours, while gold contracts had nearly $140 million in trading volume [5]. Group 2: Cryptocurrency Impact - The Iran conflict triggered a significant risk-off sentiment in the cryptocurrency market, with Bitcoin dropping as much as 3.8% to $63,038 and Ether falling by 4.5% to $1,836, resulting in a total loss of approximately $128 billion in digital asset value [4]. - Bitcoin's continuous trading availability made it a preferred asset for traders looking to hedge against market volatility, highlighting its role as a proxy for broader market risks [7]. Group 3: Trading Dynamics - Perpetual contracts, or perps, are gaining popularity as they allow traders to maintain leveraged positions without expiration, facilitating macro views without delays from clearinghouses [6]. - The shift towards 24/7 trading for various asset classes, including commodities, is seen as a structural improvement for market efficiency, as noted by industry experts [7].

Exchange listing takeaway ✨Tier-1, high-liquidity exchanges drove the strongest gains. The reason? Fewer, selective listings concentrated capital, accelerated price discovery, and produced bigger spikes📈 Avg peak returns (2025):• Binance listings: ~93%• Other CEX listings: ~58–92%• ETH: ~50% | BTC: ~36%• Nasdaq: ~26% | S&P 500: ~19%New CEX listings outperformed traditional assets and even BTC/ETH, reinforcing crypto as a higher-volatility, higher-upside class. ...

RT Shiva (@ShivanshuMadan)Recently gave a talk on how price discovery is moving onchain on SolanaSharing slides here 🧵 https://t.co/ZRDAwsvtid ...

Core Insights - Bitcoin has experienced a decline for three consecutive days after failing to maintain its price above $70,000, with current trading volumes decreasing and the Crypto Fear and Greed Index indicating "extreme fear" [1] - The overall cryptocurrency market capitalization has decreased to approximately $2.28 trillion, with the CoinDesk 20 index dropping by 3.4% in the last 24 hours; however, this pullback is considered modest compared to historical standards, with no signs of panic selling [2] - Despite lower trading volumes and negative sentiment, inflows into spot bitcoin ETFs have remained steady, helping to mitigate some selling pressure, indicating that the market is currently in a price discovery phase [3] Market Dynamics - The current market is characterized by light spot trading volumes, with leverage influencing short-term price movements; this was evident when Bitcoin rebounded from lows due to crowded perpetual shorts [4] - Major market figures maintain a bullish outlook; for instance, Tom Lee from Fundstrat advised investors to seek entry points rather than attempting to time the market bottom [4] - Michael Saylor from Strategy reiterated his long-term confidence in Bitcoin, predicting it will outperform traditional equities despite recent price declines [5] Economic Indicators - Weak U.S. retail sales have led to increased expectations for interest rate cuts, which has negatively impacted the dollar; upcoming nonfarm payroll and inflation data are anticipated to further influence market risk appetite [5]

Intent systems solve routing and price discovery. The next problem is enforcement: what happens after a quote is accepted?@yodl_fi integrates with 1inch to answer that. Accepted quotes become binding obligations, enforced by protocol rules.Yodl (@yodl_fi):Yodl has integrated its first major orderflow venue: @1inch1inch supplies orderflow (>$3B/month on Ethereum).Yodl defines the execution-clearing rails for how MMs/Operators interact with it.Thread 🧵 https://t.co/d96QzGeQLu ...