Kalshi Launches Hyperliquid (HYPE) Perpetual Futures Trading
- Hyperliquid (HYPE) perpetual futures are now live for trading on Kalshi, following approval from the US CFTC.
- Kalshi is offering zero trading fees for a limited time as part of the launch.
- HYPE perpetuals are CFTC-regulated and do not have an expiration date.
- The price of HYPE surged over 10% to $59.40 following the announcement, with an intraday high of $59.45.
- Open interest for HYPE futures increased by 11% to $2.49 billion within the last day, surpassing XRP in total futures open interest.
The launch of HYPE perpetuals marks a significant addition to Kalshi’s offerings, which now includes other products like Solana and XRP perpetual futures under the “American Perpetuals” trademark.
This development is pivotal for the Hyperliquid community, as it enhances trading opportunities with significant open interest growth noted at $2.49 billion in just one day.
