$31 Billion Tokenized Swaps Boom: 24/7 Bets on Oil Chaos
Your weekend oil bet just got easier — and riskier. Tokenized perpetual swaps hit $31 billion weekly volume, letting anyone trade commodities 24/7 as Iran tensions spike prices.
⚡ Key Takeaways
- Tokenized perpetual swaps reached $31B weekly volume, driven by commodities like oil at $6.9B amid Iran tensions. 𝕏
- Equities perps surged 908% to $4.9B, bridging crypto to TradFi 24/7 access. 𝕏
- Volatility fuels growth, but retail risks funding rate squeezes; potential for perp-fueled flash crashes. 𝕏
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Originally reported by CoinDesk