Huobi HTX has launched AERGO perpetual contracts and kicked off a contract trading party.

Flash Update: March 9th HyperInsight monitoring data shows Hyperliquid’s BRENTOIL/USDC (Brent Crude Oil Futures Mapping Contract) has cracked the platform’s top 10 trading volume rankings. Over the past 24 hours, the contract’s trading volume topped $140 million—marking a recent high—with open interest at $38 million. BRENTOIL is currently trading at $103.8, with up to 20x leverage available. Monitoring also indicates whales holding contract positions exceeding $1 million are all in short positions. The largest short address (0xa55) holds a 3x leveraged short worth $4.85 million, with an average entry price of $97.7. It currently has an unrealized loss of $280,000, a loss ratio of ~11%.

On March 9, Bitcoin rebounded to surpass $68,000, per HTX market data, with a 0.89% gain over the past 24 hours.

March 9 — Per Coinshares’ latest weekly report, digital asset investment products saw a net inflow of $619 million last week, signaling the broader cryptocurrency market retained some resilience amid geopolitical unrest tied to the Iran situation. Data shows sentiment was bullish early in the week, with $1.44 billion flowing in over the first three days—but outflows hit $829 million on Thursday and Friday as oil prices climbed. Regionally, the U.S. accounted for nearly all inflows, posting a net $646 million. Europe, Asia, and Canada, by contrast, saw outflows of $23.8 million, $2.2 million, and $3.6 million respectively, indicating investors in those regions remained more cautious overall. By asset class, Bitcoin continued to dominate fund flows with a net $521 million inflow. Ethereum and Solana also saw inflows of $88.5 million and $14.6 million, while Uniswap and Chainlink each received minor inflows of roughly $1.4 million. Among major assets, only XRP posted significant

**March 9 Update** Data from Coinbob Popular Address Tracking shows WTI Crude (CL) trading volume on Hyperliquid topped $100 million for the first time on March 3, pushing it into the platform’s top 10 trading pairs—with activity continuing to surge. As of today, CL’s 24-hour volume has exceeded $9.1 billion, marking a 9,110% weekly jump. U.S. stocks and commodities now account for six of the top 10 volume-ranked pairs. Ahead of recent market attention, several prominent on-chain traders and institutions have positioned in the RWA U.S. stocks/commodities space: - **CBB (@Cbb0fe on X):** Holds a $36.3M short position across CL (Crude), EWY (South Korean equities), NATGAS (Natural Gas), and an AI supply chain/tech stock basket; plus a $4.76M long in Gold. This may signal cross-market arbitrage or high-frequency market making. Its largest CL short averages $78.3 (opened March 4). - **Continue Capital (Founder: Pima):** Holds $13.5M longs in NVDA (NVIDIA) and MU (Micron), with a

On March 9, Coinbase announced the official launch of its futures trading services in Europe—marking the first time European traders can access regulated crypto derivative products on the platform. The service is rolling out gradually to users in 26 European countries (including Germany, France, and the Netherlands) via its MiFID-authorized entity, and is available exclusively on Coinbase Advanced. Newly launched products include: - Crypto futures - Stock index futures - "Perpetual-style" futures (5-year maturity, pegged to underlying asset prices via an hourly funding rate mechanism, settled daily) Fixed-term contracts, by contrast, expire monthly or quarterly and are marked to market daily based on official settlement prices. Trading terms: - Up to 10x leverage for select contracts (Bitcoin, Ethereum, and some stock index products) - 4–5x leverage for other products - Minimum trading fee of 0.02% per contract Users must complete a qualification review and K

March 9 – Bin Hui Ong, a Commodities Analyst at BMI (a Fitch Ratings subsidiary), noted that edible oil and crude oil prices could stay elevated if Middle East tensions persist. Stronger demand for biofuel feedstocks will support edible oil prices. However, prices remain subject to various vegetable oil supply and demand fundamentals. Palm oil prices will continue to be supported by Indonesia’s ongoing policy risks and seasonal holiday demand. “Meanwhile, robust U.S. soybean production may partially ease tightness in the global soybean oil market,” the analyst said. (FX678)