Crypto is winning the race to own oil trading after hours as Wintermute launches 24/7 trading
As war-driven volatility reshapes energy markets, crypto firms are racing to become the first place traders turn when oil moves outside trading hours.
For decades, the oil market moved on a very familiar and very predictable schedule. The biggest signals came from legacy futures venues; traders knew where...
The narrative presents a compelling case for crypto’s role in reshaping oil trading, leveraging geopolitical volatility and the demand for always-on markets. The strongest version of this argument highlights crypto’s agility in filling gaps left by traditional institutions, offering traders immediate exposure to oil risk outside standard hours. Hyperliquid’s $1.2 billion oil-linked perpetual contract and Wintermute’s 24/7 CFD product serve as concrete examples of this shift, while broader indust...