Grayscale Flags U.S. Opening for Hyperliquid as HYPE Lands on Binance
- —Bitnomial would administer CFTC-regulated perpetuals linked to Hyperliquid, with U.S. clients trading only through its venue
- —Hyperliquid open interest hit a record $18 billion after averaging $9 billion in Q2 2026, up 54% year over year
- —Binance opened HYPE spot trading against USDT, USDC and TRY on Sept. 24 with a Seed Tag
- —The protocol has reportedly repurchased about $1.3 billion worth of HYPE with fee revenue since December 2024
Why it matters: Regulated U.S. access could bring institutional flow and higher fees to Hyperliquid, but the structure still needs CFTC approval and terms remain undisclosed.
Source: CoinCodex