Hyperliquid's HYPE token surged over 13%, breaking above $90, following news that Intercontinental Exchange (ICE), owner of the NYSE, plans to collaborate with Trade.xyz to introduce perpetual contract products into a regulated U.S. market. Trade.xyz is part of Hyperliquid's HIP-3 ecosystem, which focuses on perpetual products linked to pre-IPO assets. While HYPE's price rise reflects market optimism, the partnership plan between ICE and Trade.xyz is still in development and not yet launched. This move could expand regulated derivatives trading options in the U.S. market through Hyperliquid's ecosystem.
Hyperliquid's HYPE token is the story's subject, here is Pluang's market snapshot as of Oct 29, 2026 20:05 WIB: Of 50 major cryptocurrencies, 19 rose and 30 fell. Notable movers include AXS at Rp16.872 with a -3.35% change, THETA at Rp3.147 down 3.26%, and UNI at Rp131.595 up 2.96%.
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