CFTC Approves First Equity Perpetual Futures for U.S. Exchanges

The CFTC has approved the first equity perpetual futures contracts for trading on U.S.-registered exchanges, allowing traders to take positions on individual stocks without fixed expiration dates under CFTC and SEC oversight.
Following the news, Hyperliquid’s $HYPE token rose 3.23% in one hour to $87.62.
Meanwhile, Kraken parent company Payward has announced plans to introduce onchain perpetual futures for U.S. clients, initially through Hyperliquid HIP-3 markets, subject to regulatory approval.
Importantly, the CFTC announcement does not confirm approval of Payward’s planned offering.