HYPE Price Jumps 8% as NYSE Owner Plans US Hyperliquid Perps

Key Takeaways ICE plans a US market for Hyperliquid perps. ICE takes an equity stake in Trade.xyz. HIP-3 builders must lock 500,000 HYPE. HYPE jumped nearly 8% through its 50-day. Bloomberg reported the plan on October 29 , describing a new market built on Hyperliquid’s rails with its own clearing, know-your-customer and anti-money-laundering systems, pending regulatory approval. What ICE is buying, and where HYPE comes in Bloomberg describes Trade.xyz as one of the market operators behind Hyperliquid. It lists perpetual futures tied to stocks, equity indices, commodities and currencies, and those are the products the planned US market would use.