时间：2026-04-04 11:08:36 来源：Matrix Risk Lab

Crypto's biggest liquidation event this week wasn't about crypto.\n\nTokenized Brent oil futures on crypto paper trading and backtesting tool with secure api permissionsHyperliquid accounted for $46.6 million of the $403 million in total liquidations over the past 24 hours, according to CoinGlass data, making oil the third-largest liquidated asset behind ether at $104.5 million and bitcoin at $98.3 million. Solana came in fourth at roughly $24.7 million.\n\nThe single largest liquidation across all assets was a $17.17 million Brent oil position on Hyperliquid, not a bitcoin or ether trade. That is the second time in under 30 days that oil has produced the largest individual liquidation on a crypto venue.\n\nThe BRENTOIL-USDC contract on Hyperliquid traded at $107.19, up roughly 2% on the day, with $977 million in 24-hour volume and $515 million in open interest. For context, that open interest figure is larger than many mid-cap crypto tokens' entire market capitalization.\n\nThe liquidations were triggered by Trump's national address, which promised to hit Iran "extremely hard" rather than offering the de-escalation that had fueled a two-day rally. Brent crude jumped 5% to above $106 on traditional markets.\n\nTraders who had positioned for a ceasefire, particularly those long crypto and short oil, got hit from both sides.\n\nOf the $403 million in total liquidations across 137,031 traders, longs took the heavier hit at $234.6 million versus $168.7 million in shorts. That ratio reflects the broad selloff in risk assets after the speech reversed Tuesday's optimism. The 4-hour window around the address saw $153.7 million liquidated, with $130.8 million from longs.\n\nHyperliquid's tokenized commodity contracts, which give traders 24/7 access to oil, gold, and other macro assets with crypto-native leverage, are absorbing an outsized share of geopolitical volatility.\n\nTokenized oil has now been among the top five liquidated assets on at least three separate occasions since the war began, a dynamic that did not exist before Hyperliquid listed the contracts.

上一篇：Grayscale’s research head says tokenization will happen in waves and explains how to play it
下一篇：Franklin Templeton launches crypto division with 250 Digital acquisition

• ·CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
• ·What traders should know about Portfolio Automation 745
• ·Why Signal Execution matters in volatile markets 187
• ·Key benefits of Algorithmic Trading for modern traders 392
• ·Bitcoin ETFs post first monthly inflows since October as price stabilizes
• ·Advanced insights into Multi Exchange Trading 246
• ·What traders should know about Webhook Trading 620
• ·How Multi Exchange Trading supports smarter execution 526
• ·The bitcoin treasury boom is unwinding as some companies and governments sell holdings
• ·Why more users are adopting Strategy Backtesting 822
• ·How to evaluate a platform for Strategy Optimization 774
• ·How Execution Speed supports smarter execution 538
• ·Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
• ·What traders should know about Spot Trading 391
• ·How Trade Automation supports smarter execution 275
• ·What traders should know about Spot Trading 231