Hyperliquid Outlines Payward HIP-3 Allowlist Structure
Hyperliquid plans to make Kraken parent Payward the first CFTC-regulated HIP-3 deployer, marking a step toward regulated U.S. perpetual futures.
Update (Oct 26, 19:12 UTC): Hyperliquid has outlined Payward's proposed implementation of its optional HIP-3 permissioning functionality, featuring onchain allowlists and account clearing through NinjaTrader and Bitnomial.
Hyperliquid announced plans to designate Payward, the parent company of cryptocurrency exchange Kraken, as the first Commodity Futures Trading Commission-regulated HIP-3 deployer, according to TheBlock.
Instant Telegram notifications for large on-chain moves.
Regulatory Integration
The initiative represents a concrete step toward introducing regulated U.S. perpetual futures within the ecosystem. The deployment framework centers on establishing compliant infrastructure under CFTC oversight.
Key facts
- Hyperliquid plans to designate Kraken parent Payward as the first CFTC-regulated HIP-3 deployer.
- The move serves as a step toward regulated U.S. perpetual futures.
Source: theblock.co
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
