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The Strait of Hormuz market on perp.city is a perpetual futures contract on live maritime traffic through the strait - the world's most important oil chokepoint, carrying roughly a fifth of global seaborne crude between Iran and Oman. The index counts cargo ships and tankers within a 35-nautical-mile radius of the strait in real time, updated every 15 minutes from AIS transponder data.
Traders can go long or short on Hormuz shipping activity with leverage, settling in USDC on Arbitrum. When Gulf tensions trigger reroutes, convoys, or blockade fears, the vessel count moves - and the perpetual future lets you take a position on it directly, without touching oil futures or freight derivatives.
Yes. perp.city lists a Strait of Hormuz perpetual futures market where you can go long or short on live vessel traffic through the strait, settled in USDC on Arbitrum. It tracks real-time cargo and tanker counts rather than a physically-settled oil contract.
The number of cargo ships and tankers within a 35-nautical-mile radius of the Strait of Hormuz, updated every 15 minutes from live AIS transponder data. Passenger, fishing, and military vessels are excluded.
Around 20% of the world's seaborne oil passes through Hormuz. Geopolitical events - sanctions, convoys, reroutes, blockade threats - move the vessel count, making it a direct, liquid way to express a view on Gulf shipping risk.
Yes. The perp.city Strait of Hormuz market lets you go long or short on live vessel traffic through the strait - the count of cargo ships and tankers moving through it, updated every 15 minutes - settled in USDC on Arbitrum. It is a continuous, always-open market, not a fixed-date bet.
It is a perpetual future, a continuous cousin of a prediction market. Instead of a one-off Yes/No that resolves on a fixed date, you can go long or short on the live Strait of Hormuz vessel-traffic index at any time, with leverage, and close whenever you want - all settled in USDC on Arbitrum.
