[JPMorgan: Hyperliquid Gains Popularity for Supporting 24/7 Crude Oil Trading] Odaily Planet Daily News – JPMorgan stated that the decentralized exchange Hyperliquid is attracting an increasing number of non-crypto traders, particularly users seeking crude oil price exposure during non-trading hours. The report highlighted that during a recent weekend when Middle East tensions escalated and traditional markets (such as CME) were closed, the trading volume of WTI crude oil perpetual contracts on Hyperliquid surged significantly. The daily trading volume of the contract once reached approximately $1.7 billion, with open interest around $300 million, making it the platform's third-largest trading product, following Bitcoin and Ethereum. The product is denominated in USDC and supports up to 20x leverage, making it appealing to traders seeking efficient exposure. JPMorgan believes that the growth of platforms like Hyperliquid reflects the rising demand for '24/7 trading of traditional assets.' Unlike DEXs that rely on automated market makers (AMM), Hyperliquid adopts an on-chain order book model, offering more precise pricing, lower slippage, and a trading experience closer to traditional exchanges.