Payward leverages its $550 million Bitnomial acquisition to integrate with the Hyperliquid protocol, marking a major push into decentralized perpetual futures markets for a U.S.-registered entity.
Payward plans to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol. This strategic move follows the company's $550 million acquisition of Bitnomial and signals a significant expansion into onchain perpetual futures.
It represents the first instance of a registered U.S. exchange deploying markets on the decentralized Hyperliquid protocol, bridging traditional regulatory frameworks with onchain perpetual futures.