Hyperliquid (HYPE) Price Soars as NYSE Owner ICE Backs U.S. Perpetual Futures Market

Hyperliquid (HYPE) price rallied over 8% on October 29 after Intercontinental Exchange (ICE), the NYSE parent, partnered with Trade.xyz to develop a U.S. perpetual futures market on Hyperliquid. The platform would expand access to derivatives linked to traditional financial assets. HYPE climbed above $86 as traders reacted to the news.