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krakenfx PARENT COMPANY Payward INTENDS TO BRING ONCHAIN PERPETUAL FUTURES TO U.S....
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Hyperliquid and Payward Launch HIP-3* Markets for US Traders
Hyperliquid has announced a partnership with Payward to introduce regulated perpetual futures markets for clients in the United States. This collaboration marks a significant milestone as it is the first instance of a registered American entity utilizing Hyperliquid's HIP-3 infrastructure. The initiative will leverage Bitnomial's CFTC-regulated framework, which Payward's subsidiary acquired in May 2026, to ensure compliance while offering innovative trading options.
The new HIP-3* framework enhances Hyperliquid's existing market deployment capabilities by incorporating permissioned allowlists. This feature allows market deployers to control access to their markets, addressing compliance concerns while maintaining the flexibility of the original HIP-3 protocol launched in October 2025. Currently, there are 142 active markets on HIP-3, generating substantial trading volume and open interest.
The announcement comes amid ongoing discussions between Payward and Hyperliquid, which began in late August 2026, with a formal proposal submitted to the CFTC awaiting approval. The public disclosure of this partnership indicates both companies' confidence in the regulatory environment surrounding cryptocurrency trading in the US. This development not only expands Payward's operational capabilities beyond centralized exchanges but also positions Hyperliquid as a key player in the evolving landscape of on-chain financial infrastructure.
Source: KLEA News