Payward to Launch Onchain Perpetual Futures on Hyperliquid for U.S. Clients

Payward, the parent company of cryptocurrency exchange Kraken, has announced plans to offer onchain perpetual futures to its U.S. clients through the Hyperliquid platform. This move marks a significant step in expanding regulated derivatives trading for American investors. The integration with Hyperliquid, a decentralized perpetual futures exchange, will allow U.S. clients to trade onchain perpetual contracts directly. This development is expected to enhance liquidity and accessibility in the U.S. crypto derivatives market. Payward's initiative reflects the growing demand for decentralized finance (DeFi) products and onchain trading solutions among institutional and retail investors. The announcement could boost market confidence in Hyperliquid and related tokens, signaling a bullish trend for the platform and the broader DeFi ecosystem.