Hyperliquid’s native token, HYPE, surged 10% after reports that Intercontinental Exchange, the owner of the New York Stock Exchange, plans to introduce Hyperliquid futures in the United States. The potential collaboration with Trade.xyz aims to establish a US market for perpetual futures built on Hyperliquid’s infrastructure, subject to regulatory approval. Hyperliquid’s perpetual futures platform currently operates outside the US and is not officially accessible to US market participants. Prediction markets assign HYPE a 40.5% probability of reaching $100 by December 31, 2026, while market participants await regulatory decisions and any official announcements from ICE and Hyperliquid.
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