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Huge for $HYPE and the entire perp DEX sector. ICE, the owner of the NYSE, planning to use Hyperliquid infrastructure is a massive vote of confidence in onchain markets. This goes far beyond crypto. Stocks, commodities and FX could bring an entirely new wave of traders and liquidity into 24/7 perpetual markets. Regulatory approvals still need to happen, but the ambition is clear: perp DEX infrastructure could power a much bigger piece of global finance. How are people still underestimating this sector?

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