ICE and Hyperliquid Talks Signal Rising Interest in Onchain Perpetual Futures Market

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has reportedly held multiple discussions with Hyperliquid to better understand the rapidly expanding market for onchain perpetual futures trading. The talks reflect growing institutional attention toward blockchain based derivatives as around the clock trading becomes more common in global markets.

ICE Chair and CEO Jeffrey Sprecher said the company is exploring whether traditional exchanges should be allowed to participate in the same market structure already operating in decentralized finance. According to Sprecher, the main concern is ensuring a fair regulatory environment for firms interested in offering similar services.

Onchain Perpetual Futures Market Draws Institutional Attention

The discussions come as Hyperliquid gains traction among traders seeking exposure to commodities, including oil, during weekends and off-market hours. Increased Middle East tensions recently boosted trading activity, highlighting demand for nonstop access to financial markets.

ICE is also expanding its digital asset strategy through partnerships tied to oil perpetual contracts and investments in crypto-related platforms, showing that traditional finance is paying closer attention to blockchain-powered trading infrastructure.