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An Official S&P 500 Perps Contract Is Coming to Hyperliquid

Trade[XYZ] is now the first and only officially licensed perpetual futures provider for the S&P 500 index.
An Official S&P 500 Perps Contract Is Coming to Hyperliquid
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S&P Dow Jones Indices, the index division of S&P Global (NYSE: SPGI), has licensed its S&P 500® index to Hyperliquid-native perpetual futures provider Trade[XYZ].

What's the Scoop?

  • Index License: According to a press release, S&P Dow Jones Indices has licensed Trade[XYZ] to launch, "the first and only officially licensed perpetual derivative contract based on The 500®." More than 550 global financial institutions are licensed to build investment products linked to S&P's indices.
  • Exclusive Access: According to S&P Global website, "A license with S&P DJI gives an organization the data and permissions needed to replicate the performance of one or more of our indices in their investment products. Licensees are also able to leverage our world-renowned brand to promote their products."

Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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