Precious Metal Market Continues to Heat Up

According to data from HyperInsight on January 30, gold and silver contracts remained highly active on Hyperliquid, with trading volumes ranking among the top assets on the platform within the past 24 hours.

Gold and Silver Contracts Shine

Gold-related tokens, including the PAXG contract and GOLD mapping contract, achieved a combined 24-hour trading volume of $739 million, with total open interest reaching $197 million. Meanwhile, the SILVER mapping contract recorded a 24-hour trading volume of $1.796 billion, with $169.5 million in open interest.

Copper Contract Maintains Solid Performance

In addition, the COPPER mapping contract saw $346.8 million in 24-hour trading volume and $144.6 million in open interest, further highlighting sustained investor interest in precious metals and their derivatives.