Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid
Published . Updated .
Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.
Directly affected
- No company is named in this report.
Indirectly affected
- UVIX VS TR 2X LONG VIX FUTURES ETF
GA selected UVIX as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- UVXY PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
GA selected UVXY as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BHYP BITWISE HYPERLIQUID ETF COM SH
GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- KARS KRANESHARES ELECTRIC VEHICLES & FUTURE MOBILITY INDEX ETF
GA selected KARS as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- KMLM KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF
GA selected KMLM as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- RSST RETURN STACKED U.S. STOCKS & MANAGED FUTURES ETF
GA selected RSST as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.
Source: CoinDesk
Price since this story was published: VS Trust (UVIX)
Since the first closing price after “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid,” VS Trust (UVIX) is -1.32%. The S&P 500 fund (SPY) is +0.52% over the same days, a -1.84% difference versus the market.
The Taiwan Strait count beside this story
Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid.” The recent pace is rising.
Who gains and who loses around VS Trust (UVIX)
Companies tied to this story
- UVIX VS Trust
VS Trust (UVIX) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid.” Reason on file: GA selected UVIX as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- UVXY ProShares Trust II
For “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid,” ProShares Trust II (UVXY) is linked, with no stored direction, medium confidence. Reason on file: GA selected UVXY as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BHYP Bitwise Hyperliquid ETF
Bitwise Hyperliquid ETF (BHYP) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid.” Reason on file: GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- KARS Kraneshares Electric Vehicles & Future Mobility Index Etf
For “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid,” Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) is linked, with no stored direction, medium confidence. Reason on file: GA selected KARS as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- KMLM Kraneshares Mount Lucas Managed Futures Index Strategy Etf
Kraneshares Mount Lucas Managed Futures Index Strategy Etf (KMLM) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid.” Reason on file: GA selected KMLM as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- RSST Return Stacked U.S. Stocks & Managed Futures Etf
In “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid,” Return Stacked U.S. Stocks & Managed Futures Etf (RSST) is linked, with no stored direction, medium confidence. Reason on file: GA selected RSST as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How a Taiwan Strait shock reaches VS Trust (UVIX)
The 16 Sep 2026 story “Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid” names VS Trust (UVIX) because of Taiwan Strait.
VS Trust (UVIX) is on the page because GA selected UVIX as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, ProShares Trust II (UVXY), is listed for a different reason: GA selected UVXY as a RELATED security because its canonical security name directly matches this event's themes: futures. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for VS Trust (UVIX)
BHYP traded between 43.55 and 54.56 across 20 sessions. The latest close on file is 43.57. UVIX traded between 32.37 and 42.93 across 20 sessions. The latest close on file is 36.98. UVXY traded between 15.69 and 19.57 across 20 sessions. The latest close on file is 17.35.
How strong the case is around VS Trust (UVIX)
46 out of 100
“Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.