S&P Dow Jones Indices licenses S&P 500 brand to XYZ for official perpetual contract on Hyperliquid

On Wednesday, S&P Dow Jones Indices licensed the S&P 500 mark to Trade[XYZ] to support what it describes as the first officially licensed perpetual derivative contract tracking the index. XYZ will list this product for 24/7 trading on the decentralized derivatives exchange Hyperliquid, which holds over 36% of DEX perps market share.