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Oil-linked futures on Hyperliquid surge 5% after U.S.-Israel strike on Iran

CoinDesk|Omkar Godbole|February 28, 2026 at 10:15 AM|1 views

🤖AI Summary

Oil-linked futures on Hyperliquid's HIP-3 protocol surged 5% following U.S. and Israeli military strikes on Iran. The price movement reflects renewed market concerns about potential oil supply disruptions from Middle East geopolitical tensions.

Key Takeaways

→Oil-linked futures on Hyperliquid's HIP-3 jumped 5% after military strikes on Iran.
→U.S. and Israeli joint strikes reignited fears of oil supply chain disruptions.
→Geopolitical tensions in the Middle East are driving volatility in crypto-based commodity derivatives.
→Hyperliquid's decentralized futures markets are showing sensitivity to real-world events.
→The surge demonstrates how DeFi protocols can reflect traditional commodity market dynamics.

#hyperliquid #oil-futures #defi #geopolitics #iran #israel #commodities #derivatives #supply-shock

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