NYSE Parent ICE to Launch Regulated Hyperliquid Perpetuals in US
Intercontinental Exchange (ICE) plans to bring regulated Hyperliquid-based perpetual futures to the US market through a partnership with Trade[XYZ].
Intercontinental Exchange (ICE) plans to bring regulated Hyperliquid-based perpetual futures to the US market through a partnership with Trade[XYZ]. Hyperliquid (HYPE) is trading at R$4.692 ($94.10), down 0.5% since this brief published. This is an original Kriptometre brief synthesising 2 outlets (CryptoPotato, The Block), with their figures cross-checked, plus live market data, as of Thu, 29 Oct 2026 19:07:01 UTC.
This development marks a significant step towards regulated crypto derivatives in the US, potentially attracting institutional investors while managing retail counterparty risk through a dedicated clearing structure.
- ICE plans to launch regulated Hyperliquid perpetual futures in the US.
- The initiative includes a separate exchange and clearinghouse for 24/7 trading.
- HYPE token price surged 15% following the announcement.
- Stan Druckenmiller is investing in the project.
Multiple outlets (CryptoPotato, Decrypt, The Block) confirm that Intercontinental Exchange (ICE), the parent company of the NYSE, will partner with Trade[XYZ] to launch regulated Hyperliquid-based perpetual futures in the US. The Block and CryptoPotato both report a 15% price increase in the HYPE token following the announcement. Unchained adds that the initiative will involve a separate US exchange and clearinghouse for round-the-clock trading and has received investment from investor Stan Druckenmiller. However, Decrypt does not mention Druckenmiller's involvement.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has announced plans to launch regulated perpetual futures based on the 
Hyperliquid platform in the United States. This initiative is a result of a partnership with Trade[XYZ], as reported by Decrypt and The Block.
The new platform will feature a separate exchange and clearinghouse dedicated to 24/7 trading of these perpetual contracts. According to Unchained, this separation is designed to mitigate retail counterparty risk, a concern that has been highlighted by ICE's existing market participation, which is over 99% institutional as stated by CryptoPotato.
The announcement has been corroborated by multiple outlets, with CryptoPotato, The Block, and Decrypt all reporting the partnership between ICE and Trade[XYZ]. The Block and CryptoPotato also agree on the 15% surge in the price of the HYPE token following the announcement. However, Unchained adds that the project has received investment from Stan Druckenmiller, a detail not mentioned by other outlets.
Hyperliquid, the platform on which the perpetual futures will be built, currently has a Total Value Locked (TVL) of $2.02 billion, according to DeFiLlama. This represents a 17.4% increase over the past seven days, indicating growing interest and activity in the platform.
In the broader market context, the total crypto market cap stands at $2.77 trillion, with the overall market remaining relatively flat. 
Bitcoin has seen a modest 0.07% increase in the last 24 hours, while the Fear & Greed index is at 51, indicating a neutral market sentiment. The HYPE token, however, has outperformed significantly, with a 17.65% increase in the last 24 hours and a 22.48% increase over the past week, bringing its market cap to $22.65 billion.
The introduction of regulated Hyperliquid perpetual futures in the US could attract more institutional investors to the crypto market, potentially leading to increased liquidity and stability. The involvement of Stan Druckenmiller, a well-known investor, further underscores the potential of this initiative. Market participants will be watching closely to see how the CFTC responds to the proposal and how the platform develops in the coming months.
Since this brief published about 3 hours ago, Hyperliquid (HYPE) has moved from R$4.714,16$94.55 to R$4.691,72$94.10 — -0.48%.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Kriptometre's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Yatırım tavsiyesi değildir.
At today's peer-to-peer rate, 1 HYPE ≈ 4,864.03 ₺ (about $94.10), up 16.0% over 24 hours. The real itself trades about 3.7% above the official rate on the P2P market, so a Turkish buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 3 outlets reporting this story.
Kriptometre extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · 29 Ekim 2026.
Kriptometre reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
NYSE Parent ICE to Launch Regulated Hyperliquid Perpetuals i — questions & answers
What is the significance of the separate exchange and clearinghouse?
The separate exchange and clearinghouse are designed to manage retail counterparty risk, ensuring that institutional investors are not exposed to the risks associated with retail trading.
Who is investing in the project besides ICE?
Stan Druckenmiller is also investing in the project, according to Unchained.
What is the current status of Hyperliquid's TVL?
Hyperliquid's TVL is $2.02 billion, having increased by 17.4% in the last seven days.
How much is 1 Hyperliquid worth in real today?
About 4,864.03 ₺ at the live peer-to-peer (P2P) USDT rate, which is what Turkishs typically trade at — equivalent to roughly $94.10. The real price moves with both HYPE's US-dollar price and the USDT/BRL rate; use our Hyperliquid in real page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is down 0.48% since this brief first published — trading at R$4.692 ($94.10) now versus R$4.714 ($94.55) at publication. Kriptometre re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Kriptometre brief that synthesises reporting from CryptoPotato, The Block, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Kriptometre brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.