Hyperliquid Formally Backs Kraken Parent's Push for US-Regulated Perps

Hyperliquid named Payward its intended first CFTC-regulated HIP-3* deployer, though approval, a launch date, and HIP-3* mainnet are still pending. Hyperliquid has formally co-signed Payward’s plan to bring its perps onshore. In a post Monday (Oct. 26th), it named Kraken’s parent company as its intended first CFTC-regulated deployer on HIP-3*, a permissioned version of Hyperliquid’s builder-deployed markets framework. The structure itself isn’t new, since Payward unveiled it in September. What’s new is Hyperliquid putting its own name behind it. What changed: Until now, the plan came from Payward and press reports.