Payward to Launch Onchain Perpetual Futures Markets for U.S. Clients
- Payward announced the deployment of onchain perpetual futures markets for U.S. clients, starting with Hyperliquid HIP-3 markets.
- HYPE price surged over 3% following the announcement, rebounding from a low of $75.27 to a high of $79.72 within hours.
- Trading volume for HYPE increased by nearly 30% in the last day, indicating heightened interest among traders.
- Total HYPE futures open interest rose almost 2.50% to $2.92 billion in just four hours.
- The HYPE futures open interest on Binance climbed by approximately 7%, reflecting bullish sentiment in the derivatives market.
The launch aims to position Payward as a leader in regulatory compliance while serving clients across more than 190 countries. This move follows President Donald Trump’s comments about bringing Hyperliquid onshore, contributing to recent price spikes.
With HYPE’s price jumping significantly after the announcement, analysts suggest potential for further gains, possibly reaching $100 soon based on current trading dynamics and open interest data.(Source)
