Thu, 09 Apaltcoins

Tokenized perpetual swaps hit $31 billion weekly volume on commodities volatility

Burns Brief

Commodities led the growth, with oil trading reaching $6 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908% to roughly $4.9 billion.

Key Takeaways