S&P 500 perpetual trading goes live on Hyperliquid with S&P DJI license
Hyperliquid launched the first officially licensed perpetual derivative contract for the S&P 500, expanding access to the index for non-US investors.Summary
S&P Dow Jones Indices has licensed the S&P 500 to Trade[XYZ], enabling the launch of the first officially sanctioned perpetual derivative contract tied to the benchmark equity index on Hyperliquid. This collaboration merges institutional finance with decentralized markets, offering non-US investors 24/7 leveraged exposure to the S&P 500. The contract utilizes institutional-grade data directly from S&P DJI, differentiating it from synthetic alternatives. The S&P 500 has a massive global trading ecosystem, generating over $1.0T in daily volume across various instruments, and perpetual derivatives are a dominant force in crypto markets. Trade[XYZ] has already processed over $100 billion in cumulative volume since late 2025, with an annualized run rate exceeding $600 billion.
(Source：Crypto Briefing)