Hyperliquid Tests Access Controls, and Kraken’s Parent Wants to Use Them

An optional onchain allowlist is available on Hyperliquid’s testnet, and Payward wants to be the first CFTC-regulated firm to run markets with it through its own units, pending regulatory approval. Hyperliquid said on Oct. 26 that it is building an opt-in way for market deployers to limit who can trade, and that Payward , the parent company of Kraken, intends to be the first CFTC-regulated firm to use it. The decentralized perpetuals exchange laid out the plan in a post on X, adding that the setup still needs regulatory approval.