OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
60-second summary
OKX and ICE are launching 'never-expiring' oil futures, targeting 120 million crypto users, as Hyperliquid's similar contracts have seen immense success with over $1.6 billion in 24-hour trading volume, demonstrating strong demand for this innovative product. This partnership may attract a significant portion of the crypto market to oil futures trading, increasing liquidity and driving growth.
The new partnership comes as Hyperliquid’s oli futures contracts that never expire have been a huge success with over $1.6 billion in 24-hour trading volume.