NYSE owner ICE partners with Trade[XYZ] to bring Hyperliquid perpetual futures to US
The gist
ICE, owner of the New York Stock Exchange, agreed to bring Trade[XYZ]'s Hyperliquid-based perpetual markets onshore in the US.
The deal tests whether crypto perpetual futures can operate under US regulation.
How it unfolded
- Sep 16, 2026Kraken parent Payward announced plans to bring Hyperliquid-linked perpetual futures to US traders through Bitnomial, a CFTC-regulated exchange, subject to approval.
- Sep 23, 2026HYPE hit a record $97.96, up from about $78 on September 17.
- Oct 26, 2026HYPE traded near $76, below where the September run began; Hyperliquid said it intends to make Payward its first CFTC-regulated HIP-3 deployer, with permissioned-market functionality on testnet.