# An Official S&P 500 Perps Contract Is Coming to Hyperliquid *Author: Jack Inabinet* *Published: Mar 18, 2026* *Source: https://www.bankless.com/read/news/s-p-global-extends-index-license-to-hyperliquid-perpetual-provider* --- 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](https://press.spglobal.com/2026-03-18-S-P-Dow-Jones-Indices-Licenses-S-P-500-R-to-Trade-XYZ-for-Perpetual-Contracts-on-Hyperliquid), 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](https://www.spglobal.com/spdji/en/about-us/data-index-licensing/) to build investment products linked to S&P's indices. - **Exclusive Access:** According to S&P Global [website](https://www.spglobal.com/spdji/en/about-us/data-index-licensing/), "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." > S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid.For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been…— trade.xyz (@tradexyz) [March 18, 2026](https://twitter.com/tradexyz/status/2034260987197444255?ref_src=twsrc%5Etfw)