According to BlockBeats, on March 11th, Hyperinsight monitoring showed that international oil prices rebounded, with WTI crude oil rising over 6% to $88.6 per barrel and Brent crude oil rising over 5% to $92.44 per barrel. Contract prices on Hyperliquid followed suit, with CL currently at $88.2 and BRENTOIL at $89.7.
Despite the slight price recovery, platform funding rates remain negative, indicating that overall market sentiment remains bearish. It's worth noting that among the Perp DEX platforms currently offering CL contracts, Pacifica has positive funding rates, with a difference of only 0.0035% compared to Hyperliquid.

