According to WSJ, the trading volume of crude oil perpetual contracts on the crypto trading platform Hyperliquid has surged recently. Kaiko data shows that the cumulative trading volume of crude oil perpetual contracts on the platform has skyrocketed from approximately $339 million on February 28 to around $7.3 billion. Since perpetual contracts support 24/7 trading, some traders are placing bets on oil price trends ahead of the traditional futures market's weekend closure.