According to Bloomberg, as tensions between the US, Israel, and Iran escalate, the crypto market has become a risk hedging channel over the weekend. During the traditional market closure, Hyperliquid's crude oil perpetual contracts rose by approximately 5% to $70.6 per barrel, while gold and silver perpetual contracts increased by about 1.3% and 2%, respectively, reaching $5,323 and $94.9 per ounce. The 24/7 trading advantage of perpetual contracts has become evident amid market uncertainty, driving increased attention to 24/7 on-chain trading.

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