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.
Stan Druckenmiller shared on X on October 29 that he had invested in Trade[XYZ], which develops perpetual futures on Hyperliquid. That same day, Intercontinental Exchange (ICE), owner of the New...
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.
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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