Real-world-asset perpetual futures markets on Hyperliquid
Trade[XYZ] designs and deploys perpetual futures markets on Hyperliquid via HIP-3, giving eligible users outside the United States 24/7 leveraged exposure to equities, equity indices, commodities and currencies. In October 2026 it signed a definitive agreement with Intercontinental Exchange (ICE) under which ICE would be the exclusive operator of a new regulated US market and clearing structure for Trade[XYZ]'s perpetuals, subject to regulatory approval, and ICE made a strategic minority investment. Stanley Druckenmiller also said publicly that he is an investor.