Regulated Launch Scales

Kraken’s permissioned Hyperliquid instance gains traction because it gives U.S. users a regulated path to crypto perpetual futures after CFTC approval. This outcome is most likely if custody, margining, surveillance, and geofencing work as advertised and regulators avoid immediate intervention.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.