Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading. By Helene Braun | Edited by Stephen Alpher Jun 2, 2026, 4:02 p.m. 2 min read Make preferred on (Getty Images) What to know : Perpetual futures, once a niche crypto instrument, are evolving into a broader market-structure product that could span commodities, equities and private markets, according to TD Securities. Recent U.S. regulatory moves and rising institutional demand, including CFTC approval of bitcoin perpetuals on Kalshi and Coinbase’s plans for equity-index perps, are accelerating the shift. Platforms like Hyperliquid are testing traditional exchanges’ roles in price discovery by offering commodity and pre-IPO perpetual futures, prompting scrutiny and competitive responses from incumbents such as CME and ICE. Perpetual futures are beginning to break out of their origins and emerge as a broader asset class beyond crypto, according to a new report from TD Securities.