Hyperliquid Labs is negotiating with Payward, Kraken's parent company, to offer its perpetual futures products to US traders through Bitnomial, a regulated US derivatives venue. This move would mark Hyperliquid's first direct entry into the US market, which it currently restricts due to regulatory issues. The deal awaits regulatory approval from the Commodity Futures Trading Commission and could set a precedent for other offshore crypto platforms seeking US access. Bitnomial's existing regulatory framework makes it a suitable partner for this expansion.
Lighter (LIT) topped the most-searched cryptocurrencies on Nov. 1, rising 19.63% to $3.27 with an $818.8 million market cap. Despite a drop of 18.09%, Super Inu (SI) ranked second in searches. Bitcoin (BTC) was third, trading at $77,869 with a 0.48% ...
Cumberland's CEO Don Wilson expressed caution about Hyperliquid's plan to introduce on-chain perpetual futures trading in the US, highlighting potential conflicts with CFTC rules and trading inefficiencies. Key concerns include the transparency of tr...
Hyperliquid's AQAv2 protocol generates reserve-yield revenue that is transferred to the Assistance Fund on a set schedule, separate from trading fees. The first payment occurred on October 3, with yield accruing over 30-day periods and payments made ...
Hyperliquid (HYPE) saw its price fall 2.18% within one hour to $89.32 on Binance's spot market, marking a $1.99 drop from an hour earlier. Over the past 24 hours, HYPE declined 5.74%. During the same hour, liquidations across Binance, Bybit, and OKX ...
Hyperliquid, a decentralized derivatives protocol, generated $38 million in outsourced revenue last month, maintaining its strong financial performance. This revenue aligns with its ongoing income from third-party channels and follows a history of ov...
