1 week ago

Onchain Finance Goes Mainstream: How Iran Attacks Exposed the Gaps in Traditional Markets

TLDR: Onchain Finance stepped up as Bloomberg cited Hyperliquid’s oil contract for price discovery when traditional markets closed. XAUT, Tether’s tokenized gold product, surpassed $300 million in 24-hour trading volume during the Iran crisis weekend. Hyperliquid’s native token HYPE surged nearly 30% as investors began pricing in the platform’s long-term growth potential. Hedge funds and [...]

The post Onchain Finance Goes Mainstream: How Iran Attacks Exposed the Gaps in Traditional Markets appeared first on Blockonomi.

Source: Blockonomi →