Payward Plans to Launch U.S. Onchain Perpetual Futures
- Payward, parent of Kraken, intends to launch onchain perpetual futures markets for U.S. clients.
- The initiative will utilize the Hyperliquid protocol, pending regulatory approval in the U.S.
- Global crypto perpetuals trading volume reached $85 trillion in 2025, but U.S. traders lacked CFTC-regulated onchain options.
- Bitnomial and Ninjatrader Clearing will manage U.S. trading compliance, awaiting regulatory approval by 2026.
- Hyperliquid recorded over $200 billion in trading volume within the past month.
Payward’s plan to introduce onchain perpetual futures markets aims to provide regulated options for U.S. traders, addressing a significant gap as global volumes soar past $85 trillion in recent years.
If approved, this move would mark a significant step toward integrating decentralized infrastructure with regulated market requirements in the U.S., leveraging Hyperliquid’s capabilities and Bitnomial’s oversight structure.(Source)
