Wintermute launched 24/7 over-the-counter trading for WTI crude oil contracts for difference, allowing traders to speculate on oil price movements using crypto or fiat collateral. The product is offered through its derivatives arm, Wintermute Asia, and is designed to operate outside traditional market hours.

Unlike perpetual futures popularized by Hyperliquid, the new CFDs are customizable in size, duration, and margin terms. Traders deal directly with Wintermute as the counterparty, meaning the firm assumes market risk instead of matching buyers and sellers on an exchange.

The launch comes amid heightened geopolitical volatility driving sharp oil price swings, particularly during weekends when traditional markets are closed. Wintermute said the product enables investors to hedge or trade energy exposure immediately rather than waiting for Monday market openings.

The contracts offer zero trading fees and support execution via chat, OTC platform, or API, while accepting both crypto and fiat as collateral. The rollout follows Wintermute’s recent tokenized gold offering, signaling broader expansion into trading traditional assets using crypto market infrastructure.
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