Cryptocurrency markets concluded the weekend with activity spread across derivatives, token sales, regulation and ETF flows.
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- Hyperliquid’s HIP-3 market reached $5.4 billion in both commodity futures and total futures volume on March 23.
- World Assets sold 239 million WLD for $65 million as WLD traded near record lows.
- US-based Bitcoin ETFs recorded $296.18 million in weekly outflows, ending a four-week inflow streak.
Onchain commodity trading continued to grow, the global institution revealed a new WLD sale, Washington filed a lawsuit against Calci, and Bitcoin ETFs ended the week with net outflows.
Onchain commodity trading has remained a focus following Hyperliquid’s HIP-3 marketplace to publish New record on March 23. The venue handled approximately $5.4 billion in perpetual futures volume across commodities and overall assets. Silver advanced with a value of $1.3 billion, followed by West Texas Intermediate crude with a value of $1.2 billion, Brent crude with a value of $940 million, and gold with a value of $558 million. Stock index products tied to the Nasdaq and S&P 500 also attracted volume.
Market participants said the trend extends beyond native cryptocurrency traders. Weekend oil futures volume now exceeds $1 billion per day, said Ige Iwobi, chief investment officer at Theo, adding that “Political geography “It doesn’t stop on Friday afternoon.”
At the same time, liquidity remains a constraint, with 1inch co-founder Sergey Kunz saying brick-and-mortar venues still lead in depth and quality of execution.
The global institution unveils the new WLD token sale
World Foundation He said Its token issuance unit, World Assets, completed $65 million in OTC sales with four counterparties. The first settlement took place on March 20, and the average selling price was around $0.2719 per token, making a total of around 239 million WLD sold. The foundation also said that these $25 million worth of tokens carry a six-month lock.
The revelation came as WLD traded near its recent lows. Reports on March 29 said the token was near $0.27 after hitting a record low of $0.2444, with the July 23, 2026 open set to cover about 52.5% of the total supply. The proceeds will support core operations, research and development, orb manufacturing and ecosystem growth, the global corporation said.
Kalci faces a new lawsuit at the state level
In regulation, Washington State File a lawsuit against Calshi on March 27th. Attorney General Nick Brown said the prediction market operator violated state gambling and consumer protection laws by offering contracts tied to sports, elections and other events. The civil lawsuit seeks to halt Calci’s operations in Washington, recover the money residents lost, and pursue civil penalties.
Calci responded and said it operates under federal supervision as a CFTC-regulated exchange. The company reportedly moved to take the case to federal court and said there was “no warning or dialogue” before the lawsuit. The case adds to a broader legal battle, with the states of Nevada and Arizona also taking action against Calci in recent weeks.
Spot Bitcoin ETFs Reverse Trajectory
US-based Bitcoin ETFs ended the week with net outflows of $296.18 million, ending a four-week inflow streak. The reversal followed inflows of more than $2.2 billion over the previous four weeks, according to SoSoValue data.
The weekly influx came after two straight days of withdrawals on Thursday and Friday, including $225.48 million on Friday alone. Total net assets of spot bitcoin ETFs fell to $84.77 billion, down from more than $90 billion the previous week, while weekly trading volume fell to $14.26 billion from $25.87 billion earlier in March.
