Payward (Kraken's parent) plans to launch CFTC-regulated onchain perpetual futures for US clients on Hyperliquid.
DeFi & Yields ·
Payward, parent company of Kraken, announced plans to deploy onchain perpetual futures markets for US clients on Hyperliquid, with its CFTC-regulated entities Bitnomial and NinjaTrader Clearing handling market creation and client accounts respectively. The move would make Payward the first registered US exchange or clearinghouse to deploy markets on Hyperliquid's HIP-3 perpetual markets. According to https://www.payward.com/press-release/payward-hyperliquid-onchain-perpetual-futures, Hyperliquid handled more than $200 billion in volume over the past 30 days and was ranked the most active onchain perpetuals venue of 2025.