Binance Launches 100x Leverage Oil and Gas Futures: April Fools’ Day Surprise?

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<a href="https://jpygbp.com/bnb-usd/">Binance</a> <a href="https://jpygbp.com/brent">Oil</a> and Gas Futures: 100x Leverage Launching April 1st

Starting April 1st, Binance will offer 24/7 trading of perpetual futures contracts for WTI crude oil, Brent crude oil, and natural gas.

We’re launching three new contracts, all priced and settled in USDT. Each contract offers leverage up to 100x. The first two contracts cover 1,000 barrels of crude oil each, and the third represents 10,000 MMBtu of natural gas.

Binance joins Hyperliquid in oil trading

Following the implementation of a recent upgrade, Binance is now participating in Hyperliquid, a platform that has primarily focused on oil trading for the past five months.

Hyperliquid is currently the most popular decentralized exchange for perpetual contracts. Over the past month, traders exchanged $200.50 billion worth of assets on the platform – nearly three times the volume of its closest rival, Aster, which saw $77.34 billion in trading.

Hyperliquid started as a platform for cryptocurrencies, but its most popular assets are now real-world ones like crude oil, silver, and traditional financial instruments (stocks, global indices, and commodities) offered through TradeXYZ. Crude oil, in particular, has become very popular, reaching a market value of over $300 million – making it more actively traded than many smaller cryptocurrencies.

By early 2026, Hyperliquid surpassed Coinbase in the total value of trades, a significant achievement for the decentralized finance world.

In contrast, Binance, which began offering trading in real-world assets (RWAs) at the end of 2024, saw over $34 trillion in trading volume throughout 2025 – making it the world’s busiest exchange. The most frequently traded combinations included Bitcoin/USDT, Ethereum/USDT, and USDT/USDT.

Crypto exchange adoption of RWA

Binance’s new feature highlights a growing trend of cryptocurrency platforms offering trading in Real World Assets (RWAs). Trading in commodities like crude oil and natural gas has become more profitable recently due to disruptions in energy transportation caused by the conflict between the US and Iran, which have driven up prices. Currently, oil is trading above $100 a barrel – a 25% increase from its price of $80 on March 5th.

People on X reacted with caution to the offer of 100x leverage, but some viewed it as a risky attempt to profit during the current downturn in the crypto market.

As of the latest update, BNB, the token used on the Binance exchange, was worth $611.47. Meanwhile, HYPE, the token for Hyperliquid, was trading at $37.28.

Despite adding traditional financial products, both platforms are still struggling to bounce back from the recent market decline.

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2026-03-31 05:23