HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perps
Hyperliquid’s token pumped following news of ICE and Trade[XYZ] unveiling plans for US perpetual futures.
Hyperliquid’s token pumped following news of ICE and Trade[XYZ] unveiling plans for US perpetual futures.
Hyperliquid’s native token HYPE surged about 20% Thursday after New York Stock Exchange owner Intercontinental Exchange (ICE) announced plans for US perpetual futures with Trade[XYZ], whose investors include billionaire Wall Street investor Stanley Druckenmiller.
HYPE traded above $96 at the time of writing, up by around 20% in the past 24 hours, according to CoinGecko, flirting with September’s all-time record of $97.96.
“I am excited to be an investor in trade(xyz),” Druckenmiller wrote on X, adding that he looked forward to using its products.