Why is Hyperliquid Price Rallying Amid the US-Iran War

Hyperliquid emerged as a rare winner amid the sudden escalation of military hostilities in the Middle East between the US, Israel, and Iran. This weekend, the exchange saw a surge in commodities-focused derivatives trading, with open interest for these assets reaching an all-time high of more than $1. 1 billion. Hyperliquid Rallies 13% as US and Iran Tensions Roil Markets The uptrend can be attributed to traders seeking to hedge geopolitical risks while traditional financial markets were closed for the weekend source: https://beincrypto.com/hyperliquid-price-rally-us-iran-geopolitcal-tensions/