Hyperliquid's Gold and Silver Contracts Experience Increased Volume Amid Declining Demand for Precious Metals

KuCoinFlash

Release Time: 01/31/2026 04:45:37

PAXG

$4,725.55-1.79%

Summary

As of January 31, 2026, Hyperliquid's gold and silver contracts experienced an increase in trading volume. The PAXG and GOLD contracts recorded $602.7 million in 24-hour trading volume, with open interest at $196 million. SILVER contracts reached $2.659 billion in trading volume and $224 million in open interest. COPPER contracts added $161.3 million in trading volume and $115.8 million in open interest.

BlockBeats News, January 31, according to... HyperInsight Monitoring, past 24 hours Hyperliquid Precious metals remain popular, with gold and silver contract trading volumes both entering the top ten on the platform.

The PAXG gold token contract combined with the GOLD gold mapping contract achieved a 24-hour total trading volume of $602.7 million, with a combined contract open interest of $196 million. The SILVER silver mapping contract reached a 24-hour trading volume of $2.659 billion, with an open interest of $224 million.

In addition, the copper mapping contract COPPER has a 24-hour trading volume of $161.3 million and an open interest of $115.8 million.

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