🚨JUST IN: CFTC approves the FIRST equity perpetual futures for trading on U.S. registered exchanges.

The contracts let traders take positions on individual stocks without a fixed expiry date, under CFTC and SEC oversight.

Hyperliquid’s $HYPE rose 3.23% in an hour to $87.62 amid the news.

Kraken parent Payward has announced plans to bring onchain perpetual futures to U.S. clients, starting with Hyperliquid HIP-3 markets, pending regulatory approval.

The CFTC announcement does not specify approval for Payward’s planned offering.
#hype #BinanceIncidentReport