Hyperliquid in Discussions With Kraken Parent to Offer US Perpetual Futures
Hyperliquid is reportedly holding advanced negotiations with Kraken's parent company to enable regulated US perpetuals trading.
Decentralized perpetual exchange Hyperliquid is in advanced negotiations with Payward, the parent company of Kraken, to provide compliant perpetual futures trading for U.S. customers. Under the reported framework, U.S.-based order flow would be routed through CFTC-regulated designated contract market Bitnomial.
Historically, perpetual futures have remained inaccessible to retail and institutional traders in the United States due to strict derivatives regulations. Partnering with a licensed CFTC entity would enable Hyperliquid to capture substantial domestic trading volume while remaining fully compliant with federal statutes.
A successful deployment would bridge decentralized order books with licensed American financial infrastructure, potentially establishing a compliant operational model for other decentralized derivative protocols seeking U.S. market access.
Key takeaways
- Hyperliquid is in talks with Kraken's parent firm for US perpetuals.
- The proposed structure routes trades through CFTC-regulated Bitnomial.
- The integration could establish compliant US access for decentralized derivatives.