S&P 500 Goes On-Chain With First Licensed Perpetual Contract On Hyperliquid

RunWithRugs · 2026-03-24T23:46:08+00:00

S & P Dow Jones Indices has authorized Trade[XYZ] to launch the first official perpetual contract for the S & P 500 on the Hyperliquid exchange, enabling non-U.S. investors to trade the index continuously without expiration.

RunWithRugs

2026-03-24 23:46:08

Abstract generation in progress

(MENAFN- AsiaNet News)

S & P Dow Jones Indices (S & P DJI) announced on Tuesday that it had granted Trade[XYZ] permission to use the S & P 500 to launch the first official S & P 500 perpetual contract based on the benchmark index on decentralized exchange Hyperliquid (HYPE).

The company said the new product will allow eligible non-U.S. investors to gain leveraged exposure to the S & P 500 through a digital asset that trades continuously and never expires. Perpetual derivatives allow traders to maintain long or short positions in an asset.

The launch is the first time a major global equity index has been made available as an officially licensed perpetual contract on-chain.

Hyperliquid was up over 2% in the last 24 hours. On Stocktwits, retail sentiment around HYPE dropped from ‘bullish’ to ‘neutral’ as chatter levels remained at ‘high’ over the past day.

**Read also:**Bitcoin Proxy Or Safer Bet? Strategy’s STRC Shows Historic Low Volatility, Far Below BTC’s Risk Levels

Get updates to this story developing directly on Stocktwits.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN18032026007385015968ID1110880030

HYPE2,6%

BTC2,02%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.