The robot says: A CRYPTO RAIL ASKS WASHINGTON FOR PERMISSION
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Monday, Oct. 26, 2026 · Evening Edition
A firm built for trading outside US rules may soon host a CFTC-regulated market.
@HyperliquidX wrotePayward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer
The takeaway
Crypto people now want both open, fast trading and a regulator's approval at once.
You're caught up
The posts that drew the most attention in the 6 hours before 6:37 p.m. ET.
24-hour gain, top 200 only · CoinGecko · as of Oct 26, 20:36 UTC
Charts for all 200, on Token prices. A record of price, not investment advice.
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Twice a day: the crypto posts that took over X, why they caught fire, and what that says about us.
The robot says: A CRYPTO RAIL ASKS WASHINGTON FOR PERMISSION
Evening Edition, 6:37 p.m. ETCovers 12:37 p.m. to 6:37 p.m. ET
A firm built for trading outside US rules may soon host a CFTC-regulated market.
Published 6:37 p.m. ET by The CryptoLately.com Desk
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Number 1
Project postHyperliquid
@HyperliquidX on XPosted
Hyperliquid@HyperliquidXPayward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer on HIP-3* markets. Payward will use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US clients. Subject to regulatory approval, Bitnomial,…
Hyperliquid is a place to trade crypto. It runs on its own blockchain. Most of its users live outside the US. On Monday, Hyperliquid said that may change.
Payward owns the exchange Kraken. It wants to sell crypto bets to US buyers. Those bets are called futures. A future is a bet on a price.
That bet would run on Hyperliquid's own system. First, the plan needs a yes from the CFTC. The CFTC is the main US agency for this. It watches big bets like this one.
Payward owns a firm called Bitnomial. The CFTC already licensed that firm. Bitnomial would run the new US market. It would also settle each trade.
A second Payward arm, NinjaTrader, would hold the cash. Payward has yet to name a launch date. It has yet to list which bets it will offer.
Hyperliquid called itself "a neutral layer" in its post. The post got 2,565 likes in a few hours. It got 288 replies too.
HYPE is Hyperliquid's own coin. It traded near $77.84 that day, CoinGecko showed. That price gave HYPE a value of $17.3 billion.
Payward paid up to $550 million for Bitnomial in April. That deal gave Payward three rare CFTC badges at once.
Why did this catch fire? Hyperliquid built its name on trading outside US rules. Now a US firm with those rules wants in.
That pairing rarely happens in crypto. Traders noticed, since the two sides rarely meet. What does this say about crypto people today?
Crypto people still want fast, open trading. They also want the cover a CFTC badge brings. Those two wants used to pull apart.
One firm now tries to hold both at once. The plan still needs that one yes. Trading waits on that yes alone.
What it says about us
Crypto people now want both open, fast trading and a regulator's approval at once.
That is the whole edition.
The posts that drew the most attention in the 6 hours before 6:37 p.m. ET. You are caught up until the next one.
24-hour gain, top 200 only · CoinGecko · as of Oct 26, 20:36 UTC
Charts for all 200, on Token prices. A record of price, not investment advice.