Oil and Silver Futures Surge Amid Iran Conflict

Oil and silver perpetual futures on Hyperliquid have seen significant trading activity, with volumes exceeding $912 million in the past 24 hours. According to NS3.AI, this figure surpasses the trading volumes of Solana, which recorded $176 million, and XRP, which saw $31 million. The increased trading in commodities is attributed to the ongoing conflict in Iran and disruptions through the Strait of Hormuz, leading to heightened volatility in these markets.