--- title: "ICE signs deal with Trade[XYZ] to bring Hyperliquid perpetual futures to the US" description: "Intercontinental Exchange, owner of the New York Stock Exchange, signed a definitive agreement with Trade[XYZ] that makes ICE the exclusive operator of…" language: en canonical: "https://whycoinmoves.com/en/events/hyperliquid-nyse-owner-takes-steps-bring-6962e7e18c7fdf" published: 2026-10-29T11:11:57.000Z updated: 2026-10-29T16:02:07.000Z indexable: true --- # ICE signs deal with Trade\[XYZ\] to bring Hyperliquid perpetual futures to the US Intercontinental Exchange, owner of the New York Stock Exchange, signed a definitive agreement with Trade\[XYZ\] that makes ICE the exclusive operator of… Attributed sources: [CoinDesk](), [The Block](), [Decrypt]() ## Key facts Intercontinental Exchange, owner of the New York Stock Exchange, signed a definitive agreement with Trade\[XYZ\] that makes ICE the exclusive operator of Trade\[XYZ\]'s regulated markets and includes a strategic ICE stake, Decrypt reported. The plan would launch Hyperliquid-based perpetual futures in the US, pending regulatory approval and with no launch date. HYPE rose about 13% to roughly $91, Decrypt reported. Evidence strength: Multiple publishers, 3 publisher group(s) (CoinDesk, The Block, Decrypt). After site detection, observed returns were 5 minutes: +1.13% (difference from BTC +1.19 pp; Oct 29, 2026, 11:11 → Oct 29, 2026, 11:16, UTC; Gate · USDT); 1 hour: +2.08% (difference from BTC +2.21 pp; Oct 29, 2026, 11:11 → Oct 29, 2026, 12:11, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.99% (OKX · USDT; cutoff Oct 29, 2026, 11:11, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +1.13% | -0.07% | +1.19 pp | Oct 29, 2026, 11:11 → Oct 29, 2026, 11:16 | Gate · USDT | | 1 hour | +2.08% | -0.13% | +2.21 pp | Oct 29, 2026, 11:11 → Oct 29, 2026, 12:11 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.35% | | 99th percentile of absolute hourly returns | 1.99% | | BTC beta | 1.25 | | Source / cutoff (UTC) | OKX · USDT / Oct 29, 2026, 11:11 | ## Claims and open questions - Decrypt reported that ICE and Trade\[XYZ\] signed a definitive agreement making ICE the exclusive operator of Trade\[XYZ\]'s regulated markets and that ICE is taking a strategic stake in the company. - According to Decrypt, ICE will build a dedicated retail market and clearing structure for the product, which still needs regulatory approvals and has no launch date. - Decrypt reported that HYPE jumped about 13% to roughly $91, left it about 7% below the record near $98 set in September, and put its market capitalization at around $22.4 billion. - CoinDesk reported that the planned ICE\[XYZ\] venue would offer 24/7 perpetual futures on stocks, commodities and crypto, pending CFTC approval, and that ICE is investing in Trade\[XYZ\]. - What specific regulatory approvals ICE must obtain before the Hyperliquid-based perpetual futures can launch, and on what timeline? - What the size of ICE's strategic stake in Trade\[XYZ\] is and when the transaction is expected to close? ## Source evidence - [NYSE owner takes steps to bring Hyperliquid perpetual futures to U.S.]() — CoinDesk; published Oct 29, 2026, 11:11; received Oct 29, 2026, 11:11 (UTC). - [HYPE surges 15% as NYSE parent ICE moves to bring Hyperliquid perps to US]() — The Block; published Oct 29, 2026, 14:44; received Oct 29, 2026, 14:47 (UTC). - [Hyperliquid's HYPE Jumps 13% as NYSE Owner ICE Moves to Bring Its Perpetual Futures to the US]() — Decrypt; published Oct 29, 2026, 15:59; received Oct 29, 2026, 16:00 (UTC). ## Recent HYPE events and market reactions - [Hyperliquid says Payward will be first CFTC-regulated HIP-3 deployer]() — Published Oct 26, 2026, 18:21 (UTC) · Single source (1 publisher) · Regulation · 5m -0.14% / 1h -0.26% / 24h +2.19% - [Bitwise and Hyperliquid ask SEC to clarify token trading and airdrop rules]() — Published Oct 20, 2026, 20:38 (UTC) · Single source (1 publisher) · Regulation · 5m -0.09% / 1h +0.87% - [Full coin archive]() ## Recent Market watch events on other coins - [BTC: Bitwise lifts 2036 bitcoin price target to about $1.6 million]() - [BTC: Bitcoin rebounds above $81,000 as Asian chip rally lifts crypto markets]() - [BTC: Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K]() - [Market watch]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Do XRP and Solana ETF flows move the price? First-year data]() - [Do Ethereum ETF flows move the ETH price? Two years of daily data]() 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]()