PANews reported on May 1st that, according to on-chain analyst Ai Yi, Binance's 24-hour trading volume has surpassed Hyperliquid's one month after launching its crude oil futures contracts. For CL contracts, Binance's 24-hour trading volume was $1.423 billion, while Hyperliquid's was $817 million; for BZ contracts, Binance's 24-hour trading volume was $404 million, while Hyperliquid's was $294 million. The Strait of Hormuz blockade has entered its third month, and the situation between the US and Iran remains uncertain.