Hyperliquid: Top 5 TradFi Contracts by 24h Notional Volume All End Lower; Energy Shorts Show Signs of Crowding

ME News reported that on June 11 (UTC+8), Hyperliquid's five largest TradFi-linked contracts by 24-hour notional volume all closed in negative territory. The mix was evenly split between index products and commodities. Funding rates were mixed overall, while energy contracts stood out with elevated negative funding. Crude oil's 8-hour funding rate annualized to about 22.7%, pointing to short-term crowding on the short side. The top five contracts were: XYZ100, SP500, CL, BRENTOIL, SILVER. (Source: D Pro)