Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid

Read original at CoinDesk·

Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid

60-second summary

Payward, using its $550 million Bitnomial acquisition, plans to become the first registered U.S. exchange to launch on‑chain perpetual futures on the Hyperliquid protocol, targeting retail and institutional traders. The move positions Payward to capture growing demand for decentralized derivatives, potentially boosting its volume and prompting broader U.S. regulatory scrutiny of crypto futures markets.

Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.