I just saw ICE announce a partnership with Trade.xyz, with plans to bring Hyperliquid-based perpetual futures to the regulated U.S. market. $HYPE surged shortly afterward, briefly climbing above $85.

A traditional exchange entering the on-chain perpetuals space is a big story, but there’s still a gap between announcing a partnership and actually launching. Short-term excitement doesn’t mean it’s a done deal.
I’ll wait and watch rather than chase.

What do you think: is this a long-term positive, or just a brief reaction to the news?

#HYPE #PerpetualFutures
Not investment advice