Hyperliquid’s HYPE jumps over 15% as ICE plans US perpetual futures market

The NYSE owner has signed a deal with Trade[XYZ] to build a regulated perps venue on Hyperliquid technology, pending CFTC approval Hyperliquid’s native token, HYPE, climbed more than 15% and pushed past $93 after Intercontinental Exchange moved to bring perpetual futures to American traders. ICE owns the New York Stock Exchange. When the company behind the most famous trading floor on Earth decides to build on your tech stack, the market tends to notice. What ICE actually agreed to On October 29, 2026, ICE signed a definitive agreement with Trade[XYZ]. The goal is a new regulated market for perpetual futures in the United States. The venue would run on Hyperliquid’s technology infrastructure under the HIP-3 framework. The roles are split cleanly: ICE would handle exchange and clearing functions, while Trade[XYZ] would design and implement the markets themselves. Perps have been a dominant product in crypto trading for years. US retail traders, however, have historically faced restrictions on accessing them. The planned market would target retail traders with 24/7 leveraged trading. The asset menu spans equities, equity indices, commodities, and foreign exchange. The whole thing sti...