Gold, oil and metals on Hyperliquid
Hyperliquid lists 8 commodity perpetuals, among them gold (GOLD), silver (SILVER), WTI crude oil (CL), Brent crude oil (BRENTOIL), natural gas, copper and platinum. Long or short on the price, settled in USDC, with no bar to store and no barrel to deliver. StratiDex opens them from a Telegram chat.
| Market | Price | 24h | 24h volume | Max leverage | Market fee |
|---|---|---|---|---|---|
| WTI crude oilCL | 101.33 | −1.1 % | 222 M$ | 20× | 0.9 bp |
| Brent crude oilBRENTOIL | 110.29 | −0.2 % | 164 M$ | 20× | 0.9 bp |
| SilverSILVER | 54.00 | −0.5 % | 60.5 M$ | 25× | 0.9 bp |
| GoldGOLD | 4,019.70 | +0.4 % | 46.8 M$ | 25× | 9 bp |
| Natural gasNATGAS | 3.04 | −0.1 % | 13.0 M$ | 10× | 0.9 bp |
| PlatinumPLATINUM | 1,533.00 | −1.3 % | 3.1 M$ | 20× | 0.9 bp |
| CopperCOPPER | 6.55 | +0.7 % | 3.1 M$ | 20× | 0.9 bp |
| PALLADIUM | 1,047.20 | +0.3 % | 1.1 M$ | 20× | 0.9 bp |
What these markets are, and what they are not
These are HIP-3 markets: a third-party dex deploys the contract, its price follows the commodity, and the position is margined and settled in USDC. StratiDex reaches 300+ markets on Hyperliquid: 170+ native crypto markets and 150+ HIP-3 markets like these. What you hold is a derivative on the price, not the metal and not the barrel: no vault receipt, no warehouse, no delivery. The contract is perpetual, so there is no expiry to roll. Each deployer adds its own share of the protocol fee: 149 of the 150+ HIP-3 markets add 100 %, and the table above shows every market’s fee.
How to trade them in three taps
In @stratidex_bot, pick the market (GOLD, SILVER, CL, BRENTOIL…), the direction and the amount: three taps. The ticket shows the entry price, your stake and an estimate of the liquidation price (≈) before you confirm. The account is created in your name on Hyperliquid and its private key can be exported at any time; you fund it with USDC on Arbitrum, from $13.00, and the minimum order is $11.00. Each market sets its maximum leverage, shown in the table above; the margin is cross when the market allows it, isolated when it requires it. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back, and the bot alerts you when a position gets close to liquidation. The market fee of each market is in the table above, and our commission is stated in the bot before your first order.
Commodity perpetuals trade on Hyperliquid around the clock, weekends included. When the reference market is closed, the order book is thinner and the price can move sharply when it reopens.
Frequently asked questions
Do I own the gold?
No. GOLD is a perpetual contract whose price follows gold, margined and settled in USDC. No bar, no vault receipt, no delivery, no storage fee: your exposure is to the price alone.
Can I short oil?
Yes. Sell CL (WTI crude oil) or BRENTOIL (Brent crude oil) and you gain if the price falls. The ticket shows an estimate of the liquidation price before you confirm, and once the position is open you can set a stop loss and a take profit.
What is the difference between CL and BRENTOIL?
CL follows WTI, the US crude oil benchmark. BRENTOIL follows Brent, the North Sea crude used as the international benchmark. Both are perpetuals settled in USDC, in the same list in the bot.
Can I set a stop loss?
Yes. Once the position is open, set a stop loss or a take profit from the result screen or the position screen: Hyperliquid holds these orders itself. A trailing stop keeps the share of your net gain you choose — 75, 50 or 25 %, or any whole number from 5 to 95 — and never moves back. Without a stop, the position stays open until you close it or it is liquidated.