Odaily Planet Daily reports that trade.xyz announced on X that S&P Dow Jones Indices, in collaboration with trade.xyz, has launched the first official S&P 500 perpetual contract on Hyperliquid. The contract is based on official index data and supports 24/7 year-round trading.
trade.xyz Launches the First Official S&P 500 Perpetual Contract on Hyperliquid
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Summary
trade.xyz has launched the first official S&P 500 perpetual contract on Hyperliquid, using data from S&P Dow Jones Indices. The contract offers 24/7 trading and is backed by on-chain data for transparency. On-chain analysis reveals growing interest in index derivatives on decentralized platforms. This move brings institutional-grade products to crypto markets.
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