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HYPE Moves Above 88 USDT as ICE and Trade.xyz Pursue U.S. Futures Venue

ICE and Trade.xyz plan a separate U.S. market initiative involving Hyperliquid perpetual futures.

Updated 1 min read
A rendered token disc appears before the New York Stock Exchange facade in Manhattan. (AI-generated image / EconoTimes)
A rendered token disc appears before the New York Stock Exchange facade in Manhattan. (AI-generated image / EconoTimes)

The 8.84% rise over nearly two hours put HYPE above 88 USDT, a shorter-period move than the 24-hour changes in EconoTimes’ earlier market updates. ICE and Trade.xyz are pursuing a U.S.-focused perpetual futures market on Hyperliquid.

ICE is the parent of the New York Stock Exchange. EconoTimes previously covered ICE and Trade.xyz's plans for a Hyperliquid market.

That report cited CoinGecko and exchange spot data showing HYPE at $90.80 at 9:16 a.m. ET (13:16 UTC), up 13.05% over 24 hours. It also recorded a $85.95 quote at 7:37 a.m. ET (11:37 UTC), when HYPE was up 5.74% over 24 hours. Those daily changes cover a different period from the nearly two-hour gain reported above.

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