Intercontinental Exchange is putting ICE Brent and WTI benchmark pricing behind new OKX oil perps, giving crypto-native traders perpetual exposure to energy markets without rolling futures or touching physical barrels. The contracts will be offered only where OKX is licensed for perps, but the direction is clear: TradFi venues are trying to move their benchmark products onto crypto rails before offshore players like Hyperliquid define the market first.

TLDR by @Benthic

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