Payward Launches Perpetual Futures Offering Through Bitnomial

The proposed contracts would operate under Bitnomial's CFTC-regulated rules and trade on the public blockchain of Hyperliquid. Payward outlined a three-entity structure for the markets: Bitnomial Exchange would deploy, own, and administer them; Bitnomial Clearinghouse would clear and settle the contracts; and NinjaTrader Clearing would carry client futures accounts.

The initial focus would be on Hyperliquid HIP-3 markets, but launch timing, fees, and expected volume have not been disclosed. The proposal relies on Payward's acquisition of Bitnomial in May 2026, which supplied its derivatives infrastructure.