Payward's Regulated Futures Fuel Hyperliquid's Price Surge
Hyperliquid's price has surged 10.65% in one day, trading at $88.19 and reaching near session highs.
The asset is above its short- and medium-term moving averages, indicating ongoing momentum.
PAYWARD, Kraken's parent company, plans to launch regulated on-chain perpetual futures for Hyperliquid in the US, utilizing institutional infrastructure.
This move brings institutional-grade infrastructure and expands regulated access, directly supporting trading activity and increasing demand for the asset.