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CFTC Approves Kalshi’s HYPE Futures Trading

Kalshi Files for Hyperliquid (HYPE) Perpetual Futures Trading with CFTC

  • Kalshi has filed with the CFTC to launch perpetual futures for Hyperliquid (HYPE).
  • The price of HYPE increased by 1% in the last day, trading at $61.95.
  • Total open interest for Hyperliquid futures rose by 2% to $2.58 billion.
  • Trading volume surged by 20% over the past day, indicating strong market activity.
  • HYPE futures open interest on Binance, OKX, and Bybit increased by more than 1%, 4%, and 6%, respectively.

This move expands Kalshi’s offerings beyond established cryptocurrencies like Ethereum and positions it against major exchanges such as Binance and Coinbase in the perpetual futures market.

With HYPE’s price at $61.95 and a total open interest of $2.58 billion, Kalshi’s entry into this segment highlights growing interest in innovative trading products within the cryptocurrency space.

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