commodities

According to Financefeeds, the decentralized derivatives platform Hyperliquid saw a trading volume of approximately $15 billion in the past week, with commodity-related contracts being the main driver of this volume.Perpetual contracts for commodities such as crude oil, gold, and silver continue to dominate the most active trading markets, with crude oil perpetual contracts exceeding $1.2 billion in 24-hour trading volume on certain trading days, and silver perpetual contracts averaging about $1.25 billion in daily trading volume. The platform's total daily trading volume once reached $15 billion, with a significant increase in the share of non-crypto market trading.Hyperliquid's HIP-3 framework allows for the creation of perpetual contracts linked to various assets such as commodities, stocks, and indices, driving trading activity to diversify rapidly from traditional crypto pairs like Bitcoin and Ethereum.

According to Jinshi reports, Federal Reserve Chairman Powell stated that economic growth is robust, and the overshoot in commodity inflation is mainly due to goods and tariffs.

According to Jinshi News, John Taylor, head of fixed income at Aptus Capital Advisors, stated that the Federal Reserve meeting will undoubtedly be influenced to some extent by the Middle East conflict and rising oil prices. This meeting may determine the next direction of the market, with attention on the dot plot and the divergences among Federal Reserve officials, as well as any wording hints regarding commodity supply shocks in Powell's press conference. After the surge in oil prices, the market has canceled the rate cut expectations from earlier this year, but if the conflict ends quickly, these expectations will be rapidly repriced.

Driven by geopolitical risks and shipping disruptions, the commodities sector has shown a strong upward trend, with natural gas prices recently on the rise. The Gate contract commodity section has launched NG (natural gas) for the first time, reaching a peak of $3.312 within 24 hours, currently reported at $3.245.In addition, the attention and participation in crude oil funding remain high. According to data from the Gate platform, XTI (WTI crude oil) reached a peak of $110.53 within 24 hours, currently reported at $109.36; XBR (Brent crude oil) peaked at $113.84 within 24 hours, currently reported at $109.86, with significant market volatility. According to CoinGlass data, the trading volume for Gate XTI (WTI crude oil) contracts reached $18.03 million within 24 hours, while XBR (Brent crude oil) contracts reached $12.09 million, both ranking first in the industry.Currently, the Gate contract section has fully covered traditional financial assets including stocks (a total of 57), metals (a total of 12), indices (a total of 15), forex (a total of 3), and commodities (a total of 3). The trading targets include mainstream varieties such as gold, silver, crude oil, natural gas, euro, pound, Dow Jones Industrial Index, and Hang Seng Index, supporting 7×24 hours continuous trading, with a maximum leverage of 100 times, continuously creating an efficient multi-asset one-stop trading platform for global users.

The Gate Research Institute recently released the report "Cryptocurrency Market Review for January 2026," which points out that in January, the market capitalization distribution of stablecoins on public chains remains highly concentrated. Ethereum accounts for more than half of the share, continuing its position as a core clearing and DeFi liquidity hub; Tron firmly holds second place, playing a key role as a high-frequency settlement channel in cross-chain payments and token transfers.In terms of macro assets, gold and silver prices have risen to historical highs, driving significant expansion in the tokenized commodity sector. The total market capitalization of related tokens has surpassed $5 billion, with an increase of over 35% in the past 30 days, and monthly on-chain transfer volume exceeding $13 billion, with gold-related tokens being the main growth driver. Meanwhile, the trading volume in prediction markets reached a new high of $12 billion in January, with total on-chain transaction fees exceeding $11 million. With the support of incentive mechanisms and short-cycle high-frequency contracts, trading activity and protocol revenue have both increased.On the capital side, the Web3 industry completed a total of 53 financing rounds in January, with a cumulative scale of approximately $1.82 billion, primarily flowing into blockchain services and CeFi-related sectors.In terms of security, Web3 risk events exhibit a "few large amounts, dispersed small amounts" loss structure. Contract vulnerabilities remain the primary source of risk, accounting for 34.5%; among them, Step Finance suffered a supply chain attack, resulting in asset losses of approximately $40 million, making it the largest security incident of the month.

According to the latest data from CoinMarketCap and CoinGecko, MEXC ranks first globally in the 24-hour trading volume of Tether Gold (XAUT) perpetual contracts, demonstrating strong liquidity and user activity in the digital asset trading of commodities. Coinglass data shows that MEXC's advantage in contract trading volume continues to expand, maintaining a lead in the market.In addition, MEXC has launched the "Zero Fee Festival for Commodities (Gold and Silver)," where users can enjoy zero-fee trading and multiple rewards, sharing a total prize pool of $1,000,000.

According to Jinshi reports, under the spillover effect of the cryptocurrency sell-off, gold prices fell during the Asian early trading session. IG Chief Market Analyst Chris Beauchamp pointed out that the cryptocurrency bear market has evolved into a full-blown market collapse, with widespread selling sweeping across various assets, and commodities are also deeply entrenched in a downward trend.

According to official news, MEXC has launched the "Zero Fee Festival for Commodities (Gold and Silver)" today. During the event, users can enjoy zero trading fees, high-yield staking, and massive trading rewards, sharing a total prize pool of 1,000,000 USD. Both new and existing users can participate, and completing specified tasks during the event will unlock rewards.Event time: February 5, 2026, 18:00 (UTC+8) -- March 7, 2026, 18:00 (UTC+8)

Resolv Stablecoin Protocol Review of 2025 Progress and Outlook for 2026 PlansIn 2025, Resolv built a high-performance infrastructure, achieving deep integration across multiple currency markets and yield sources. Currently, the four core asset clusters in its collateral pool include delta-neutral ETH/BTC, USD-denominated DeFi lending and money market exposure, delta-neutral altcoins, and RWA.The main goals for Resolv in 2026 include: driving continuous growth in total customer value at an institutional scale, establishing USR as a primary asset; expanding the investment scope from Q1 to cover more investment-grade tokenized funds and gradually incorporating investment-grade RWA; optimistic about the continued penetration of stocks and commodities into the on-chain derivatives market, accessing traditional assets (such as gold, other commodities, stock indices, and individual stocks) through delta-neutral strategies, and utilizing on-chain derivatives venues for hedging and liquidity support; introducing external risk experts to further enhance decision-making transparency and observability; continuing to expand in the liquidity lending market under strict risk standards; and upgrading the Resolv infrastructure to a "stablecoin as a service" platform, among others.

According to Cointelegraph, starting Tuesday, eligible MetaMask users from non-U.S. countries will be able to access 200 tokenized U.S. stocks, ETFs, and commodities, such as gold and silver, through the Ethereum network.The service allows users to obtain tokenized assets by swapping with Circle's USDC via MetaMask Swaps, converting the stablecoin into Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis.

KobeissiLetter posted that as Bitcoin falls to its lowest level since April 2025, the selling pressure across multiple asset classes has intensified: Natural Gas -15.5%, Ethereum -10.5%, Silver -8.0%, Gold -5.5%, Bitcoin -5.5%, WTI Crude Oil -4.5%, Nasdaq 100 Index -1.5%, S&P 500 Index -1.2%, Dow Jones 30 Index -0.8%. We are currently witnessing historic volatility in the commodities market.