Payward Plans Regulated Hyperliquid HIP-3 Deployment for US Futures
Kraken's parent company, Payward, seeks to deploy regulated Hyperliquid HIP-3 for U.S. perpetual futures trading.
Kraken's parent company, Payward, seeks to deploy regulated Hyperliquid HIP-3 for U.S. perpetual futures trading. Hyperliquid (HYPE) is trading at ₹8,246 ($86.53), up 1.8% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Thu, 29 Oct 2026 11:45:01 UTC.
This move could significantly expand regulated crypto derivatives access in the U.S., leveraging Hyperliquid's infrastructure while navigating regulatory complexities.
- Payward plans regulated deployment of Hyperliquid HIP-3 for U.S. perpetual futures.
- Approval pending; aims to bridge regulated and DeFi futures markets.
- Hyperliquid TVL at $1.79B, up 0.7% over 7 days.
- Pump.fun Expands into Hyperliquid-Powered Perpetual Futures Trading
- Hyperliquid to Launch CFTC-Regulated HIP-3 with Kraken Parent Payward
- Payward Plans Regulated Hyperliquid HIP-3 Deployment for US Futures — this brief
Payward, the parent company of major cryptocurrency exchange Kraken, is planning to deploy a regulated version of the 
Hyperliquid HIP-3 protocol for U.S. perpetual futures trading. This move aims to bridge the gap between traditional finance regulations and decentralized finance (DeFi) innovations.
The deployment is currently pending regulatory approval, which is a critical step in ensuring compliance with U.S. financial regulations. If approved, this could mark a significant development in the integration of DeFi protocols within the regulated financial system.
Hyperliquid's infrastructure is designed to support high-performance trading, and its deployment in the U.S. could attract more institutional and retail traders to the platform. The protocol's Total Value Locked (TVL) stands at $1.79 billion, according to DeFiLlama, indicating a strong market presence.
The broader crypto market remains in a state of fluctuation, with the total market cap at $2.76 trillion and 
Bitcoin experiencing a 1.46% drop in the past 24 hours. The Fear & Greed Index is at 51, indicating a neutral market sentiment.
The Hyperliquid (HYPE) token has seen a positive trend, with a 4.49% increase in the past 24 hours and an 8.14% rise over the last week, reflecting potential investor optimism about the platform's growth and regulatory prospects.
Since this brief published about 44 minutes ago, Hyperliquid (HYPE) has moved from ₹8,100.17$85.00 to ₹8,245.98$86.53 — +1.80%.
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; intraday detail builds over the first day). 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 ≈ ₹8,955.86 (about $86.53), up 6.6% over 24 hours. The rupee itself trades about 8.6% 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 29, 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.
Payward Plans Regulated Hyperliquid HIP-3 Deployment for US — questions & answers
What is the Hyperliquid HIP-3 protocol?
HIP-3 is a protocol by Hyperliquid designed for high-performance trading, including perpetual futures.
Why does Payward need regulatory approval?
Regulatory approval is required to ensure the deployment complies with U.S. financial regulations for derivatives trading.
How does this affect the Hyperliquid token?
The HYPE token has risen 4.49% in 24 hours, potentially due to positive sentiment around the deployment.
How much is 1 Hyperliquid worth in rupee today?
About ₹8,955.86 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $86.53. 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 1.80% since this brief first published — trading at ₹8,246 ($86.53) now versus ₹8,100 ($85.00) 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 Crypto Daily. 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.