ICE to Launch Regulated US Market for Hyperliquid Perpetual Futures
The New York Stock Exchange owner will operate a regulated US market for Hyperliquid's perpetual futures contracts.
The New York Stock Exchange owner will operate a regulated US market for Hyperliquid's perpetual futures contracts. Hyperliquid (HYPE) is trading at ₹8,351 ($87.86), up 0.7% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
This development could significantly boost institutional participation in crypto derivatives by offering a regulated platform for perpetual futures, potentially increasing liquidity and market stability.
- ICE will operate a regulated US market for Hyperliquid perpetual futures.
- Investor Stan Druckenmiller backs ICE's partner, Trade[XYZ].
- Hyperliquid's TVL rose 12.5% in the past week to $1.92B.
- HYPE token price down 4.41% in 24 hours but up 16.24% over 7 days.
- Hyperliquid to Launch CFTC-Regulated HIP-3 with Kraken Parent Payward
- Payward Plans Regulated Hyperliquid HIP-3 Deployment for US Futures
- NYSE Owner ICE Partners with Trade.xyz for US Hyperliquid Perpetual Futures Exchange
- Hyperliquid Surges 18% on ICE's Regulated Futures Market Plan
- NYSE Parent ICE to Launch Regulated Hyperliquid Perpetual Futures in US
- Stan Druckenmiller Invests in Trade.xyz, Eyes Hyperliquid Perpetual Futures
- ICE to Launch Regulated US Market for Hyperliquid Perpetual Futures — this brief
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has announced an agreement to operate a regulated US market for perpetual futures contracts built on the crypto derivatives exchange 
Hyperliquid. This move aims to provide a regulated platform for these never-expiring contracts, potentially attracting more institutional investors to the crypto market.
The announcement comes as Hyperliquid's Total Value Locked (TVL) has seen a 12.5% increase over the past week, reaching $1.92 billion, according to DeFiLlama. This growth indicates a rising interest in the platform, which could be further bolstered by the involvement of a major traditional finance entity like ICE.
Investor Stan Druckenmiller has been identified as a backer of Trade[XYZ], ICE's partner in this venture. This adds a layer of credibility and potential influence from a well-known figure in traditional finance.
The broader crypto market remains relatively flat, with a total market cap of $2.67 trillion. 
Bitcoin is up 0.29% in the last 24 hours, while the Fear & Greed index stands at 30, indicating a 'Fear' sentiment. The HYPE token, associated with Hyperliquid, is down 4.41% in the past 24 hours but has gained 16.24% over the last week, with a market cap of $20.9 billion.
The introduction of a regulated US market for Hyperliquid perpetual futures could be a significant step in bridging the gap between traditional finance and the crypto world. It remains to be seen how this will impact the broader market and whether other exchanges will follow suit.
Since this brief published about 20 hours ago, Hyperliquid (HYPE) has moved from ₹8,296.92$87.29 to ₹8,351.10$87.86 — +0.65%.
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 Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₹9,093.95 (about $87.86), down 0.0% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.
Token Times 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.
ICE to Launch Regulated US Market for Hyperliquid Perpetual — questions & answers
What are perpetual futures contracts?
Perpetual futures contracts are derivatives that have no expiration date, allowing traders to hold positions indefinitely.
How will this affect Hyperliquid's market position?
The regulated market could increase Hyperliquid's credibility and attract more institutional investors, potentially boosting its market position.
What is the current TVL of Hyperliquid?
Hyperliquid's TVL is $1.92 billion, having increased by 12.5% in the past week.
How much is 1 Hyperliquid worth in rupee today?
About ₹9,093.95 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $87.86. The rupee price moves with both HYPE's US-dollar price and the USDT/INR rate; use our Hyperliquid in rupee page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is up 0.65% since this brief first published — trading at ₹8,351 ($87.86) now versus ₹8,297 ($87.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Unchained. 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 Token Times 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.