Hyperliquid Lists First Licensed On-Chain S&P 500 Perpetual Futures for Non-U.S. Traders

On 18 March 2026, S&P Dow Jones Indices licensed Trade[XYZ] to list a perpetual futures contract tracking the S&P 500 on the Hyperliquid blockchain, offering 24/7 trading access. The product targets eligible non-U.S. investors seeking leveraged exposure to the benchmark index, while HYPE, Hyperliquid's native token, has climbed toward $42.60 amid rising on-chain derivatives activity and bullish technical indicators.