The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has been reported to be planning to launch a U.S. perpetual contracts market. The token HYPE on a certain platform rose in response, surging more than 4% within 1 hour, with the 24-hour gain expanding to 14%. When a traditional financial giant enters the perpetual contracts business, it directly opens up the valuation space for the leading on-chain derivatives platform. The market's first reaction is to buy HYPE, and the overall outlook remains bullish.

$HYPE #HYPE