--- title: "Hyperliquid says Payward will be first CFTC-regulated HIP-3 deployer" description: "The Block reported that Hyperliquid plans to make Payward, the parent company of Kraken, the first CFTC-regulated deployer under its HIP-3 framework, a step toward regulated U.S. perpetual futures. The report attributes the plan to Hyperliquid. Reported by The Block on 2026-10-26. HYPE -0.26% in…" language: en canonical: "https://whycoinmoves.com/en/events/hyperliquid-hyperliquid-says-kraken-parent-payward-58410327e55e7d" published: 2026-10-26T18:23:02.000Z updated: 2026-10-26T19:24:02.000Z indexable: true --- # Hyperliquid says Payward will be first CFTC-regulated HIP-3 deployer The Block reported that Hyperliquid plans to make Payward, the parent company of Kraken, the first CFTC-regulated deployer under its HIP-3 framework, a step toward regulated U.S. perpetual futures. The report attributes the plan to Hyperliquid. Reported by The Block on 2026-10-26. HYPE -0.26% in… Attributed sources: [The Block]() ## Key facts The Block reported that Hyperliquid plans to make Payward, the parent company of Kraken, the first CFTC-regulated deployer under its HIP-3 framework, a step toward regulated U.S. perpetual futures. The report attributes the plan to Hyperliquid. Evidence strength: Single source, 1 publisher group(s) (The Block). After site detection, observed returns were 5 minutes: -0.14% (difference from BTC -0.10 pp; 26/10/2026, 18:23 → 26/10/2026, 18:28, UTC; Gate · USDT); 1 hour: -0.26% (difference from BTC -0.02 pp; 26/10/2026, 18:23 → 26/10/2026, 19:23, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.88% (OKX · USDT; cutoff 26/10/2026, 18:23, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.14% | -0.03% | -0.10 pp | 26/10/2026, 18:23 → 26/10/2026, 18:28 | Gate · USDT | | 1 hour | -0.26% | -0.25% | -0.02 pp | 26/10/2026, 18:23 → 26/10/2026, 19:23 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.35% | | 99th percentile of absolute hourly returns | 1.88% | | BTC beta | 1.25 | | Source / cutoff (UTC) | OKX · USDT / 26/10/2026, 18:23 | ## Claims and open questions - Hyperliquid plans to make Kraken parent Payward its first CFTC-regulated HIP-3 deployer, The Block reported. - According to The Block, the move is a step toward regulated U.S. perpetual futures. - What specific timetable Hyperliquid or Payward has set for the HIP-3 deployment, which an official announcement or CFTC filing would confirm. - Which contracts Payward would list and under what regulatory conditions, which an exchange or CFTC notice would confirm. ## Source evidence - [Hyperliquid says Kraken parent Payward to be first CFTC-regulated HIP-3 deployer]() — The Block; published 26/10/2026, 18:21; received 26/10/2026, 18:23 (UTC). ## Recent HYPE events and market reactions - [Why did HYPE go up 1.17% in 1 minute on Oct 26?]() — Received 26/10/2026, 17:36 (UTC) · Cause unresolved · Market watch · 5m -0.30% / 1h -0.75% - [Bitwise and Hyperliquid ask SEC to clarify token trading and airdrop rules]() — Published 20/10/2026, 20:38 (UTC) · Single source (1 publisher) · Regulation · 5m -0.09% / 1h +0.87% - [Full coin archive]() ## Recent Regulation events on other coins - [USDT: Senate Democrat seeks Tether records on payments tied to Nxum]() - [TRUMP: Circle shareholder sues Trump, World Liberty and Witkoff over crypto deals]() - [BTC: Blockchain Association urges Congress to pass crypto tax legislation]() - [Regulation]() ## Research for this archive - [Do XRP and Solana ETF flows move the price? First-year data]() - [Does crypto news move prices or follow them? A timestamp audit]() - [Do Bitcoin ETF flows predict the price? 684 days of daily flows]() - [ONDO and RWA tokenization: does growth benefit token holders?]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()