
Payward to offer onchain perpetual futures to US clients via Hyperliquid HIP-3
Payward's move could reshape U.S. derivatives markets, highlighting regulatory dynamics and influencing Hyperliquid's market trajectory.

Payward's move could reshape U.S. derivatives markets, highlighting regulatory dynamics and influencing Hyperliquid's market trajectory.

Payward plans to offer Hyperliquid HIP-3 perpetual futures to eligible U.S. clients through Bitnomial, subject to regulatory approval.

The partnership could reshape US crypto trading by integrating compliance with decentralized markets, potentially broadening asset offerings.

HIP-3* adds venue-scoped controls without changing existing permissionless markets.

Hyperliquid has introduced a preliminary HIP-3 testnet upgrade that lets independent deployment teams control access to perpetual futures markets through deployer-managed on-chain allowlists. Hyperliquid co-founder Jeffrey Yan said in a testnet proposal that deployers will be able to create permissioned…

HIP-3* enhances market flexibility, potentially reshaping access control in permissioned markets and influencing regulatory compliance strategies.

Ethena's strategic shift to equities and commodities could significantly broaden USDe's market potential, enhancing its reserve diversification.

Ethena is expanding USDe into equity perps as it overhauls ENA tokenomics and looks to reignite ecosystem growth.

Hyperliquid Policy Center has asked the SEC and CFTC to let qualifying equity perpetual contracts enter the U.S. as security futures after HIP-3 markets processed more than $480 billion in notional trading volume over their first 10 months. Hyperliquid Policy…

A Hyperliquid testnet deployer using Kraken’s name has whitelisted 10 wallets and tested three compliance controls, raising the possibility that the centralized exchange has been experimenting with a permissioned HIP-3 market. Blockworks analyst Shaunda Devens reported on Aug. 22 that…
Hyperliquid revenue recovered in Q2, but it reversed the gains in Q3.

Hyperliquid's fee strategy could boost revenue, impacting market sentiment and price predictions, contingent on stable trading volumes.
HIP-3 volume market share rose to 65%, further elevating TradeXYZ's dominance risk.

The HIP-3 market operator said affected traders will receive compensation as it reviews how external prices enter its oracle.

A single anomalous trade in South Korea sent Hyperliquid's SK Hynix perp down ~20%, raising concerns about effective pricing in HIP-3 markets.

Hyperion DeFi has committed 500,000 HYPE tokens to support institutional perpetual futures listings on Hyperliquid through a new agreement with Skew Technologies. According to a Wednesday press release, the Nasdaq-listed company will deploy the tokens under Hyperliquid’s HIP-3 permissionless listings…

The deployment could boost institutional trust and liquidity, potentially elevating Hyperliquid's market position and future price outlook.

The deal gives Hyperion an equity stake in Skew and a share of listing-service revenue as it expands the utility of its HYPE treasury assets.

The venue's HIP-3 markets for stocks, commodities and indices first topped its native crypto volume on July 8 and have led on several trading days since — though they fade on weekends, and single-name stocks alone still trail crypto

The rise of on-chain trading in tokenized assets challenges traditional finance, potentially reshaping market dynamics and participant behavior.