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Crude oil remains volatile at high levels, with stable fluctuations. The Gate platform's crude oil contract trading volume ranks first in the industry.
CoinJie.com news. On March 30, after international crude oil prices rose rapidly in the early stage, they entered a consolidation phase at high levels. According to data from the Gate platform, WTI crude oil (XTIUSD) is currently trading at $101.03, with the 24-hour high reaching $103.86. Brent crude oil (XBRUSD) is currently trading at $108.00, with the 24-hour high reaching $109.39. With prices stabilizing at high levels, market differences intensified; short-term fluctuations continued to widen, driving a significant increase in trading activity for crude-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 had a 24-hour trading volume of $5.5080 million, up 234.83%, also ranking first. Driven by a high-volatility market, capital participation continued to rise, further highlighting Gate’s advantages in liquidity and market depth in the energy derivatives sector. Gate contract pioneered the large-commodity contracts segment, covering the XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), and NG (natural gas) perpetual contract trading, offering 7×24-hour trading, USDT settlement, and up to 100x leverage, helping users conduct cross-market asset allocation and strategy planning amid volatile market conditions.