By the end of the week, traders typically shift their focus from making money to managing risk, as they cannot adjust their positions until markets reopen on Sunday evening. However, with the rise of crypto exchanges offering perpetual futures contracts, traders can now react to market developments over the weekend without waiting for traditional markets to reopen. This shift has significant implications for the oil market, where traders can now hedge their positions using perpetual contracts, potentially reducing the 'weekend effect' in short-dated West Texas Intermediate crude options. While institutional traders have yet to fully embrace this new landscape, the growth of perpetual futures trading on crypto exchanges is changing the way traders approach weekend risk management, and may ultimately influence traditional markets.