Hyperliquid’s HYPE token has rebounded above $92 and is approaching its all-time high near $98 after ICE agreed to operate regulated U.S. perpetual futures.
Hyperliquid’s token pumped following news of ICE and Trade[XYZ] unveiling plans for US perpetual futures.
ICE says more than 99% of its market participation is institutional today. The retail perps get their own clearing structure, which ICE says keeps its hedgers clear of retail counterparty risk.
Trade[XYZ] contributor 0xmev says AI-driven price discovery in financial markets is inevitable, pointing to Hyperliquid’s cash-settled perpetual futures as a potential venue.
The billionaire investor disclosed an investment in Trade[XYZ] as the platform teams up with the NYSE's parent company. His family office previously reported owning shares in a HYPE-focused...
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