SpaceX Is the Second Most-Traded Asset on Hyperliquid -- WSJ

Dow Jones

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By Vicky Ge Huang

Perpetual futures tied to SpaceX is now the second most-traded asset on decentralized crypto exchange Hyperliquid, with a 24-hour trading volume exceeding $1.3 billion, the exchange's data shows.

Perpetual futures are derivative contracts that never expire and allow traders to use leverage. These instruments, especially the ones tied to traditional assets, gained popularity during the Iran war when traders took advantage of their 24/7 availability to trade oil-linked derivatives on the platform.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 12, 2026 16:02 ET (20:02 GMT)

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