Crude oil remains volatile at high levels, with stable fluctuations. The Gate platform's crude oil contract trading volume ranks first in the industry.

Odaily Planet Daily News: On March 30, after international crude oil prices rose rapidly in the early stage, they entered a period of consolidation at high levels. According to data from the Gate platform, WTI crude oil (XTIUSD) is currently at $101.03, with the highest price in the past 24 hours reaching $103.86; Brent crude oil (XBRUSD) is currently at $108.00, with the highest price in the past 24 hours reaching $109.39. With prices stabilizing at elevated levels, market disagreement has intensified; short-term fluctuations have continued to amplify, significantly boosting the trading activity of oil-related contracts.

Coinglass data shows that on the Gate platform, the 24-hour contract trading volume for WTI crude oil (XTIUSD) reached $8.1307 million, up 197.50%, ranking first across all exchanges; Gate XBR recorded $5.5080 million in 24-hour trading volume, up 234.83%, also ranking first. Driven by high-volatility market conditions, capital participation has continued to rise, and Gate’s advantages in liquidity and market depth in the energy derivatives sector have become even more evident.

Gate pioneered the large-commodity contracts segment, covering trading for XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), and NG (natural gas) perpetual contracts. It offers 7×24 hour trading, USDT settlement, and up to 100x leverage, helping users carry out cross-market asset allocation and strategy planning during volatile market conditions.