Trade Brent Crude Oil (BRENTOIL) perps 24/7, permissionless
The North Sea crude that prices most of the world's internationally traded oil. Quoted per barrel. The BRENTOIL perp on Based tracks the brent crude oil price around the clock. Commodity futures close every weekday evening and from Friday night to Sunday evening.
Brent Crude Oil (BRENTOIL)
$92.09+0.2%24h
ICE (London) · Global · quoted in USD
BRENTOIL trading hours on Based vs the futures market
Commodity futures trade nearly around the clock on weekdays, but they take a break every evening and shut down from Friday evening to Sunday evening, plus exchange holidays. The BRENTOIL perp on Based runs 24/7: no daily break, no weekend close, no holiday calendar.
The trade-off is the instrument. It is a perpetual future tracking the brent crude oil price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading BRENTOIL works here
The BRENTOIL market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the brent crude oil price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You are not buying the physical commodity and nothing is ever delivered. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application.
Fees are flat and public: TradFi perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.
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Frequently asked questions
- Can I trade brent crude oil on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The BRENTOIL perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade BRENTOIL?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the BRENTOIL market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical brent crude oil on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the brent crude oil price: a derivative, with no delivery and nothing to store. Like every perp it carries liquidation risk, and funding fees apply while a position is open.
- What do I need to start trading BRENTOIL?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.