Hyperliquid: Payward to Become the First CFTC-Regulated HIP-3 Deployer
Event: On October 26, Hyperliquid disclosed that Kraken parent company Payward will become the first CFTC-regulated HIP-3 deployer, with Bitnomial operating the exchange and NinjaTrader providing custody accounts.
Affected tokens: HYPE and the Kraken ecosystem.
Reason: A clear path for compliant on-chain perpetual contracts in the U.S. boosts the DEX perpetuals narrative.
Resistance levels: HYPE 50, 58.
Support levels: HYPE 42, 38.
Outlook: HYPE may benefit from compliance expectations in the medium term; if it holds support on a pullback, it could reach new highs.
Token introduction: $HYPE is the native token of the Hyperliquid chain and supports buybacks funded by decentralized perpetual contract trading fees.
Event: On October 26, Hyperliquid disclosed that Kraken parent company Payward will become the first CFTC-regulated HIP-3 deployer, with Bitnomial operating the exchange and NinjaTrader providing custody accounts.
Affected tokens: HYPE and the Kraken ecosystem.
Reason: A clear path for compliant on-chain perpetual contracts in the U.S. boosts the DEX perpetuals narrative.
Resistance levels: HYPE 50, 58.
Support levels: HYPE 42, 38.
Outlook: HYPE may benefit from compliance expectations in the medium term; if it holds support on a pullback, it could reach new highs.
Token introduction: $HYPE is the native token of the Hyperliquid chain and supports buybacks funded by decentralized perpetual contract trading fees.