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Theta Capital: ICE deal brings Hyperliquid perpetual futures closer to US market

Theta Capital: ICE deal brings Hyperliquid perpetual futures closer to US market

BitgetBitget2026/10/30 16:46
  • NYSE owner ICE agreed to take a minority stake in Trade[XYZ] to bring Hyperliquid-based perpetual futures to US customers.
  • ICE will run Trade[XYZ]'s US markets through its regulated exchange and clearing infrastructure; CFTC approval remains pending.
  • The deal underscores traditional exchange operators' adoption of open blockchain protocols rather than building competing products.
  • Trade[XYZ] contracts have generated more than $650 billion in trading volume in just over a year.
  • Hyperliquid earns about $670 million annually at its current run rate; roughly 99% of trading fees fund HYPE token buybacks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Theta Capital Management BV published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

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