As geopolitical premiums fade and international crude oil prices fluctuate downward, Gate’s CLUSDT futures open interest ranks among the highest in the industry.

Svmuu News: As geopolitical premiums faded, the international crude oil market continued to fluctuate downward on June 26. According to data from the Gate platform, WTI crude oil (CLUSDT) briefly dipped below the $70 mark before rebounding slightly; it is currently trading at $70.62 (+1.12%), with a 24-hour low of $69.06. Amid this volatile market environment, Coinglass data shows that the 24-hour trading volume for Gate’s CLUSDT futures reached $5.52 million, with open interest of approximately $8.72 million, placing it among the industry’s top tier.
Gate pioneered the commodity perpetual futures and CFD contract segments, covering major energy assets such as BZUSDT (Brent crude oil), CLUSDT (WTI crude oil), and NG (natural gas), and supports 24/7 trading with USDT settlement. Leveraging Gate’s innovative unified account system, users can allocate a diverse range of assets—including stocks, metals, forex, indices, and commodities—without the need to switch between platforms, enabling them to implement more flexible and efficient one-stop global asset strategies amid volatile market conditions.