Hyperliquid Explores Kraken and Bitnomial Partnership for US Perps Access
DEX platform Hyperliquid is in discussions with Kraken's parent company to offer perpetual contracts to US traders via Bitnomial.
Decentralized perpetual exchange Hyperliquid is in negotiations with Payward, the parent company of Kraken, to launch perpetual futures trading for U.S. customers. The proposed structure would route trades through CFTC-regulated exchange Bitnomial.
If finalized, the partnership would provide Hyperliquid with a compliant gateway into the highly restrictive American market, bridging decentralized liquidity with domestic regulatory compliance.
The development highlights a growing trend of hybrid models where decentralized finance platforms leverage regulated derivatives intermediaries. A successful rollout could expand institutional liquidity for onchain derivatives while adhering to federal oversight.
Key takeaways
- Hyperliquid is in talks with Payward to access the U.S. market.
- Perpetual contracts would be routed through CFTC-regulated Bitnomial.
- The deal represents an emerging hybrid model for regulated DeFi derivatives.