Hyperliquid (HYPE) Price: Kraken Parent Plans CFTC-Regulated Futures on HIP-3

Kraken parent Payward plans to become the first CFTC-regulated deployer on Hyperliquid's HIP-3 markets, with Bitnomial running and clearing the markets and NinjaTrader Clearing handling customer accounts. The plan awaits regulatory approval, and HIP-3 remains on testnet. HYPE fell to a local low of $74.5.