What is $USOIL on Markets.xyz?

$USOIL is a tokenized perpetual contract tracking the U.S. Oil Fund (USO) ETF, allowing 24/7 onchain trading with up to 10x leverage.

How does the USOIL funding rate work?

Funding rates align $USOIL prices with the US oil market: longs pay shorts in bullish markets, shorts pay longs in bearish conditions.

Can I hold $USOIL forever?

Yes, $USOIL is a perpetual contract with no expiry, meaning positions can be held indefinitely.

Where can I trade $USOIL?

$USOIL is traded on Markets.xyz via the Hyperliquid platform, which provides live financing rates and 24/7 trading.

Why is $USOIL important for onchain trading?

$USOIL gives crypto users transparent, real-time access to US oil markets and exposure to real-world commodities onchain.

Markets.xyz Launches $USOIL for Onchain US Oil Market Trading

Bhumika Baghel

23-01-2026

Markets Lists $USOIL And Brings The U.S. Oil Market Onchain

USOIL Listing Brings 24/7 Trading, Leveraged Exposure, Funding Insight

Markets.xyz has officially launched $USOIL, a tokenized perpetual contract that tracks the U.S. Oil Fund (USO) ETF. This token listing enables 24/7 global trading on blockchain with up to 10x leverage.

USOIL Listing

Source: Marketsxyz Official

The USOIL listing marks another step in bringing traditional commodities to onchain markets. Traders can now hedge against oil price volatility, even outside standard trading hours.

The move builds on Markets’ earlier tokenization of real-world assets (RWA), including USBOND and the USOR token launched in January 2026 for direct US oil-reserve tokens exposure.

How USOIL Works and Fundings Rate Explained

USOIL is a perpetual contract with no expiry dates, which can be held forever. To keep prices in line with the US oil-market onchain, a funding rate system is used by the exchange.

Positive funding rates: Long traders pay Shorts, a common scenario seen in bullish sentiments.
Negative funding rates: Short traders pay longs. This is common during the bearish sentiments.

Investment on the Hyperliquid platform, where the Markets.xyz website is located, is done on an hourly basis and is derived from an 8-hour base rate. The base rate of the coin is 5% on an annual basis.

Practical Impact for Traders

Going long on the token: You pay funding in bullish oil market, similar to a borrowing cost.
Going short on the token: You may earn funding if the market is bullish.

Traders can monitor live financing rates via Markets.xyz’s dashboard to manage positions effectively.

USOIL Price & Trading Stats

The token is currently trading at $72.40, showing a 24-hour change of +0.38%. Its 24-hour trading volume has reached $296.6K, with open interest at $43.9K.

$USOIL Price

Source: Price Chart

Why USOIL Matters for OnchainTrading

The coin gives crypto users direct access to US oil reserve tokens and participation in the US oil market onchain. Transparent trading, real-time financing, and the token's listing price updates enhance exposure to real-world commodities while staying fully onchain.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.

About the Author Bhumi

Expertise coingabbar.com

Bhumika Baghel is a rising crypto content writer with a deepening interest in blockchain technology and digital finance. With a keen understanding of market trends and cryptocurrency ecosystems, she breaks down intricate subjects like Bitcoin, altcoins, DeFi, and NFTs into accessible and engaging content. Bhumika blends well-researched insights with a clear, concise writing style that resonates with both newcomers and experienced crypto enthusiasts. Committed to tracking price fluctuations, new project developments, and regulatory shifts, she ensures her readers stay informed in the fast-moving world of crypto. Bhumika is a strong advocate of blockchain’s potential to drive innovation and promote financial inclusion on a global scale.