In this column, guest contributors share their views on economic and financial topics.
In late February, the United States and Israel struck targets in Iran. Tensions in the Middle East escalated, and oil prices surged. Yet the world’s major exchanges were closed: it was the weekend.
Meanwhile, on Hyperliquid, crude oil was being repriced in real time, long before New York, London, or Zurich reopened on Monday morning. This is not a niche phenomenon confined to the crypto world. Rather, it highlights a structural reality: markets have trading hours, risks do not.
What began as a venue for crypto derivatives has evolved into a digital exchange where investors can trade not only Bitcoin, but also oil, gold, and the S&P 500 — around the clock, seven days a week, entirely on-chain.
The Token Tells the Story
