News linked to both this project and an event.
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
According to MLM monitoring, of the 3.75 million HYPE sold by an address via OTC last month, 3.125 million were staked to a wallet and delegated to a validator collaborating with Hyperliquid Strategies and Unit. The remaining 625,000 HYPE were transferred to another wallet on HyperEVM. After lying dormant for nearly three weeks, that wallet sent 1 HYPE to a new wallet yesterday as a test. Just about an hour ago, the remaining 625,000 HYPE were fully transferred to that new wallet and cross-chain transferred from HyperEVM to HyperCore.
Odaily reports: According to MLM monitoring, of the 3.75 million HYPE traded over the counter last month, 3.125 million were staked to a single wallet, with validators Hyperliquid Strategies and Unit; the remaining 625,000 were transferred to another wallet on HyperEVM and left idle for nearly three weeks. Yesterday, that wallet sent 1 HYPE to a new wallet; the new wallet received funds the same day through several transfers, with the funds coming from a wallet associated with TradeXYZ's Hyperliquid purchases. Currently, the 625,000 HYPE has been transferred into this new wallet and moved from HyperEVM to Hypercore. MLM speculates that ICE is the buyer of the 3.75 million HYPE, but this has not been confirmed; the 625,000 HYPE may have been transferred to TradeXYZ as part of an ICE investment, and on-chain links suggest this portion of HYPE may belong to TradeXYZ.
Odaily reports: Prediction market platform Kalshi plans to launch exchange-traded futures contracts tracking the US Consumer Price Index (CPI) and core CPI in December. It is pitching the products to major banks and hedge funds and has hired former Barclays trader Michael Ashton, known as "Mr. Inflation," to design the contracts and expand institutional clients. If launched, this would become a unique futures product directly tracking CPI, helping institutional investors hedge against inflation and Federal Reserve interest rate change risks, and further positioning Kalshi to enter the traditional derivatives market dominated by CME Group (CME) and Intercontinental Exchange (ICE). Kalshi has confirmed it is developing CPI futures but did not disclose specific launch details. (Bloomberg)
受永续合约等新型交易产品快速发展影响，投资者持续抛售传统交易所运营商股票。洲际交易所（ICE）和芝商所集团（CME）本周均进入技术性超卖区间，RSI 指标降至 24.4。
a report released by FalconX shows that the crypto derivatives platform Hyperliquid is expanding from perpetual contracts to pre-IPO trading, prediction contracts, and tokenized real-world assets, beginning to compete with traditional exchanges and prediction market operators. The report indicates that Hyperliquid's HIP-3 market allows users to trade stocks, commodities, forex, and pre-IPO contracts 24/7, with traders already using it for pre-IPO speculation on companies such as Cerebras, Anthropic, and SpaceX. The HIP-4 outcome market allows traders to place binary bets on political, economic, and crypto events.In terms of capital inflows, the HYPE spot ETFs launched by 21Shares and Bitwise have attracted a combined $53 million in inflows within just a few trading days. Hyperliquid's USDC partnership with Coinbase and Circle is expected to generate up to $160 million in annual protocol revenue. FalconX warns that CME and ICE have expressed concerns to regulators about potential market manipulation risks on the Hyperliquid market. Nevertheless, Hyperliquid continues to lead the decentralized perpetual contract market in terms of trading volume, revenue, and total value locked. (CoinDesk)