Is Hyperliquid Becoming the Onchain CME? S&P 500 Perp, Record Traders, Grayscale ETF & More

BitcoincomNews

2026-03-24 09:45:34

Abstract generation in progress

Story Highlights* Hyperliquid just launched the world’s first officially licensed S&P 500 perpetual futures contract.

Active traders on the platform hit an all-time high of 229,818 the same week Grayscale filed for a HYPE ETF on Nasdaq.
The platform generated $844 million in revenue and $2.95 trillion in trading volume in 2025.

HYPE3,17%

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