HYPE Briefly Rises as ICE-Trade.xyz U.S. Perpetual Plan Reported

HYPE briefly rose more than 3% to $82.2263 on HTX, according to a BlockBeats market update published October 29.

Reported market plan

The update followed a report that Intercontinental Exchange, the parent of the New York Stock Exchange, plans to work with Trade.xyz on perpetual contract products for the U.S. regulated market.

BlockBeats said the proposed venue would include independent clearing, KYC and anti-money-laundering systems and would be built on Hyperliquid. The report said the plan was still awaiting regulatory approval.

The cited price was a source-time HTX quote. The report does not establish a completed launch, approval, price target or trading recommendation.

Sources: BlockBeats HYPE market update; BlockBeats report on the ICE-Trade.xyz plan, both published October 29, 2026.