Hyperliquid Negotiates US Perpetual Futures Access via Kraken’s Payward

Hyperliquid, a decentralized exchange focused on perpetual futures, is reportedly in talks with Payward, the corporate entity behind Kraken, to bring its products to U.S. traders. The proposed arrangement would see Hyperliquid’s perpetual contracts processed through Bitnomial, Payward’s US‑regulated brokerage, providing a compliant pathway for U.S. market participants.

Potential US Launch

If finalized, the partnership would represent Hyperliquid’s inaugural presence in the United States, expanding its user base beyond its current jurisdictions.

Regulatory Alignment

Routing trades through Bitnomial would align Hyperliquid’s offerings with U.S. regulatory requirements, leveraging Payward’s existing compliance framework.

Industry Context

The talks come shortly after public statements indicating interest from U.S. authorities in facilitating on‑shore crypto services.