CatalystDerivatives

NYSE Owner Plans Hyperliquid Perpetuals Market in US

NYSE owner entering US perpetuals market signals major exchange expansion into crypto derivatives.

Context

What happened: Intercontinental Exchange, owner of the NYSE, partnered with Trade.xyz, a market operator behind the offshore crypto platform Hyperliquid, to plan a new US market for perpetual futures contracts with its own clearing, KYC and AML systems. Why it matters: The move seeks to bring perpetual futures products into US regulated markets, where demand for perpetual futures trading is described as growing. Market: +3.6% today ($168.85), +5.9% YTD, 1.6x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $2.02 vs $1.97 est, +2.5% beat; next print ~Jan 28 Coverage: 3 outlets in 24h

What changed

Intercontinental Exchange, owner of the NYSE, partnered with Trade.xyz, a market operator behind the offshore crypto platform Hyperliquid, to plan a new US market for perpetual futures contracts with its own clearing, KYC and AML systems.

Why it matters

The move seeks to bring perpetual futures products into US regulated markets, where demand for perpetual futures trading is described as growing. Market: +3.6% today ($168.85), +5.9% YTD, 1.6x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $2.02 vs $1.97 est, +2.5% beat; next print ~Jan 28

Sources

eodhd