Hyperliquid's (NASDAQ:PURR) oil perpetual futures contract hit $1.7 billion in daily trading volume as non-crypto traders sought 24/7 oil exposure during the Iran war, JPMorgan (NYSE:JPM) analysts said on Thursday. The Weekend Oil Trading Surge Trading in Hyperliquid's West Texas Intermediate crude oil (CL-USDC) contract spiked earlier this month as the Iran war escalated over a weekend when traditional venues like CME were closed.