Hyperliquid's Open Interest Reaches over $13B; Exchange Reportedly in Talks with Kraken Parent (PURR:NASDAQ)

Hyperliquid in Talks With Kraken Parent on US Market Entry

Hyperliquid Labs is in advanced talks to bring its perpetual futures to US traders through Kraken’s parent company Payward, just weeks after President Donald Trump said his administration was working to bring the fast-growing platform into the US.

Hyperliquid's open interest reaches over $13B; exchange reportedly in talks with Kraken parent (PURR:NASDAQ)

CME Group (CME) and Cboe Global Markets (CBOE) were trading lower as the decentralized perpetual futures exchange Hyperliquid's (PURR) open interest reached $13.7B.

Hyperliquid open interest hits $13B, leading decentralized exchanges

Hyperliquid's dominance in decentralized futures could reshape market dynamics, influencing regulatory focus and competitive strategies. The post Hyperliquid open interest hits $13B, leading decentralized exchanges appeared first on Crypto Briefing.