Hyperliquid Strategies Targets U.S. via Kraken, Driven by $13.7B Open Interest

Hyperliquid Strategies Inc. is in discussions with Payward, the parent company of Kraken, to launch perpetual futures in the U.S. market.

Former President Donald Trump reported that the Commodity Futures Trading Commission is facilitating this potential expansion.

Hyperliquid’s open interest in perpetual futures has reached $13.7 billion. This figure exceeds the combined open interest of the next nine largest decentralized exchanges.

Institutional interest is rising as four premium gurus tracked by GuruFocus increase their positions in PURR.