Riding the Wave of Commodity Trading Boom, Hyperliquid Platform Sees Weekly ROI Surge Over 60%

**March 10th Update** On February 28th, the U.S. launched sudden military action against Iran. With traditional markets closed for the weekend, on-chain gold products perfectly satisfied traders’ demand to react to the news via trading. Last weekend, as the Strait of Hormuz closed and Middle Eastern oil-producing nations cut production, demand for oil-related products spiked. Hyperliquid stepped in again, even offering a one-day low-price buying opportunity. As of March 10th, WTI crude oil (CL) trading volume on Hyperliquid has surged to $18.3 billion in the past 24 hours—this follows CL first topping $1 billion on March 3rd. The contract has posted a **weekly jump of 1830%** and **daily gain of 220%**, with open interest hitting $170 million. Currently, CL volume is 1.8x that of ETH, ranking second on the platform’s trading leaderboard (only behind BTC). Per DefiLlama data, since the Iran conflict erupted, Hyperliquid’s platform revenue has jumped from $8.54 million to $15.2 million—marking over 60% weekly growth.