boundary|Mar 08, 2026 14:47
Friendly reminder: The trading pair usoil-usdh on hyperliquid does not correspond to U.S. crude oil futures but rather to the USO fund.
The USO fund is an ETF based on crude oil futures contracts, holding near-term WTI crude oil futures contracts and continuously rolling them into the next month's contracts.
This Friday, USO's closing price was 108.77, and at the current 115, it means it went up 5.7% over the weekend.
Similarly, cl-usdc went up 4.6% over the weekend and is now at $95.1.
Don't mistakenly think crude oil futures have already risen to $115 over the weekend—these two are not the same underlying asset.
CL USO
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