Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps

Leading crypto market maker Wintermute debuts WTI crude oil CFDs – an OTC derivative that lets traders speculate on oil prices 24/7. What to know : Leading crypto market maker Wintermute debuts WTI crude oil CFDs – an OTC derivative that lets traders speculate on oil prices 24/7. Flexible execution and margin options allow traders to use fiat or crypto collateral via chat, electronic OTC platform, or API. CFDs offer bespoke flexibility as opposed to the one size fits all approach of exchange-listed perpetual futures.(Coindesk)