Cryptocurrency traders are now betting on oil prices around the clock through perpetual futures contracts. While traditional energy markets closed over weekends, Hyperliquid offers 24/7 trading of West Texas Intermediate crude and other commodities derivatives. These perpetual futures have seen trading volumes surge since the Iran war began, creating a new avenue for energy speculation.

Unlike standard futures contracts, perpetual futures don't expire and track commodity prices continuously. This format appeals to crypto-native traders who value constant market access. The contracts mirror movements in traditional oil benchmarks like WTI crude, allowing traders to take positions without waiting for conventional markets to reopen.

This development represents a significant shift in how energy commodities are traded. By combining cryptocurrency infrastructure with traditional commodity tracking, platforms like Hyperliquid are blurring the lines between digital assets and physical commodities. The 24/7 nature of these contracts means oil price speculation now operates on a truly global, uninterrupted schedule.