Hyperliquid Tests Allowlist for Payward’s Planned U.S. Markets

Hyperliquid has opened a testnet option that lets operators restrict trading on HIP-3 perpetual markets, giving Payward a way to pursue its proposed U.S. contracts if regulators approve them. Introduced Oct. 26, the optional setting lets a market deployer or its sub-deployers manage an onchain list of addresses allowed to trade. Existing HIP-3 markets will not change. Under Payward’s proposed arrangement, Bitnomial Exchange, LLC would create, own and administer the markets. Bitnomial Exchange is a Commodity Futures Trading Commission-regulated designated contract market; Bitnomial Clearinghouse, LLC, a separate entity, would clear and settle the contracts as a CFTC-registered derivatives clearing organization.

Also reported by The Defiant.

Source: TokenPost