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ICE Reportedly Plans Hyperliquid-Based Perpetual Futures for US Market, HYPE Jumps

ICE Reportedly Plans Hyperliquid-Based Perpetual Futures for US Market, HYPE Jumps

Photo: TheCoinrise

Intercontinental Exchange is said to be preparing a US perpetual futures product built on Hyperliquid, coinciding with a rally in the HYPE token. Intercontinental Exchange is reportedly preparing to launch perpetual futures contracts for the US market built on the Hyperliquid protocol, according to a report from CryptoBriefing. ICE operates the New York Stock Exchange along with a range of derivatives and data businesses, giving it substantial reach into regulated US trading venues. Perpetual futures are derivative contracts without an expiration date, widely used in crypto markets to take leveraged long or short positions.

Source: TheCoinrise

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