Hyperliquid to make Payward the first CFTC-regulated HIP-3 deployer
#Hyperliquid plans to make #Payward , the parent company of Kraken, the first CFTC-regulated deployer on its #HIP3 markets. The move comes as the decentralized trading protocol develops permissioned markets to support regulated perpetual futures trading in the U.S. The HIP-3 upgrade would allow deployers to limit market access through onchain allowlists, potentially enabling regulated operators to use Hyperliquid’s infrastructure while complying with relevant requirements. However, it remains unclear how these access controls would work in practice, including whether markets deployed by Payward would feature built-in KYC checks.
👉 x.com/HyperliquidX/status/2114772826435866711
#Hyperliquid plans to make #Payward , the parent company of Kraken, the first CFTC-regulated deployer on its #HIP3 markets. The move comes as the decentralized trading protocol develops permissioned markets to support regulated perpetual futures trading in the U.S. The HIP-3 upgrade would allow deployers to limit market access through onchain allowlists, potentially enabling regulated operators to use Hyperliquid’s infrastructure while complying with relevant requirements. However, it remains unclear how these access controls would work in practice, including whether markets deployed by Payward would feature built-in KYC checks.
👉 x.com/HyperliquidX/status/2114772826435866711
