
Weekly wrap: CLARITY Act fails, Kraken to launch onchain perps on Hyperliquid
- —7 Democratic senators will continue work on the CLARITY Act after the failed vote
- —Payward (Kraken) will launch regulated onchain perpetuals in the U.S. on Hyperliquid
- —The integration gives Hyperliquid access to Kraken's 6 million accounts
- —Kalshi captured about 80% of the U.S. prediction market with $40+ billion in monthly volume
Why it matters: The launch of regulated onchain perpetuals in the U.S. legitimizes DeFi derivatives and strengthens Hyperliquid and HYPE.
Source: Bitcoin.com