Hyperliquid's HYPE Breaks $90 After Short-Term Gain Tops 13%
Photo: TokenPost
Hyperliquid’s HYPE token rose more than 13% in a short-term move and broke above $90 on Thursday, Oct. 29, as plans emerged for perpetual contract products to enter a U.S. regulated market. Intercontinental Exchange, the parent company of the New York Stock Exchange, plans to work with Trade.xyz to bring the products into a regulated U.S. market. The plan would put a U.S. exchange group in a proposed partnership with a team from Hyperliquid’s ecosystem. Trade.xyz is a deployment team in Hyperliquid’s HIP-3 ecosystem, which offers perpetual products tied to pre-IPO assets. Hyperliquid also operates a decentralized perpetual exchange.
Source: TokenPost
