01
NYSE owner ICE just struck a deal to bring Hyperliquid-style perpetual futures to US traders.
02
The announcement came October 29, 2026, the same day ICE reported Q3 earnings.
03
ICE will run the exchange and clearing; trade[XYZ] designs the markets; Hyperliquid supplies the tech.
04
Nothing is live yet. ICE and trade[XYZ] still need CFTC approval before any US customer can trade.
05
HYPE, Hyperliquid's token, jumped double digits on the news, though exact estimates vary by outlet.
06
Billionaire investor Stanley Druckenmiller disclosed his own personal stake in trade[XYZ].
07
Perpetual futures never officially expire, unlike standard futures contracts with fixed settlement dates.
08
This follows the CFTC's May 2026 shift that first let a US exchange offer a true bitcoin perpetual.