2 days ago
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Key Takeaways
- The proposal still requires regulatory approval.
- Bitnomial would operate and clear contracts.
- U.S. client access would remain permissioned.
- No HYPE contract has been announced.
The announcement concerns Hyperliquid, not necessarily HYPE
Payward, the parent company of Kraken, intends to deploy onchain perpetual-futures markets for U.S. clients using Hyperliquid’s infrastructure. The plan remains subject to regulatory approval, and the company has not supplied a launch date.
The announcement does not say that the contracts will track HYPE, Hyperliquid’s native token. It says the markets would run on Hyperliquid, which could host perpetuals linked to cryptocurrencies or other eligible assets. The initial contract list has not been disclosed.
Kraken already displays a HYPE perpetual contract for customers outside the United States...
English (US)