Intercontinental Exchange, the parent company of the New York Stock Exchange, intends to launch perpetual contracts based on the decentralized protocol Hyperliquid. The product will be accessible to retail investors in the United States through the Trade[XYZ] platform.

The initiative remains subject to regulatory approval within the U.S. market. Previously, ICE submitted a formal request to regulators to review the decentralized derivatives protocol Hyperliquid. The company is currently working to establish a regulated exchange structure for these financial instruments.

Trade[XYZ] currently offers perpetual contracts to international users, supporting a range of assets including cryptocurrencies, commodities, and equities. Market participants are now awaiting further details on the launch timeline from the platform.