Precious Metal Trading Remains Strong as Hyperliquid Silver and Gold Contract Volumes Rise Against the Trend

New Trends in Precious Metal Markets

According to the latest data from HyperInsight, precious metal contracts on Hyperliquid have maintained strong interest. On January 31, gold and silver contracts ranked among the top ten by trading volume on the platform.

Outstanding Performance of Gold and Silver Contracts

Gold-related token contracts, including PAXG and GOLD, reached a total trading volume of $602.7 million in the past 24 hours, with an open interest of $196 million. The SILVER contract saw a 24-hour trading volume as high as $2.659 billion, with open interest reaching $224 million, reflecting sustained market interest in precious metals.

Copper Contracts Also Performing Strongly

Beyond precious metals, copper-mapped contracts also showed strong performance, with 24-hour trading volume reaching $161.3 million and open interest hitting $115.8 million, further demonstrating the vibrancy of commodity markets on digital platforms.