ICE backs US perpetual futures market built on Hyperliquid infrastructure
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Intercontinental Exchange (ICE) is backing a new US perpetual futures venue built on Hyperliquid infrastructure, marking the exchange operator's entry into crypto derivatives and potentially giving US retail traders regulated access to a popular instrument long confined to offshore venues. The market still requires CFTC approval before launch. The move matters because perps dominate crypto trading volume, and a regulated US venue could pull activity onshore and pressure offshore exchanges; Hyperliquid's infrastructure role also ties a major TradFi player to a decentralized perpetuals platform. What to watch next is the CFTC approval timeline and whether ICE's backing draws other US exchanges into perpetual futures.
Muhabbit's AI wrote this summary in its own words from Crypto Briefing's report. It can get details wrong, so check the source.
Named in this story
ICE, Hyperliquid (HYPE), CFTC
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