# Kraken parent plans US perpetual futures on Hyperliquid, pending approval

Canonical: https://chainminute.com/news/3b780d43-ceac-4f4b-883c-cd6151f7ae51
Published: 2026-09-17T12:25:53.655Z
Publisher: Chain Minute

Payward outlines a permissioned market with Bitnomial clearing and NinjaTrader customer accounts.

Payward, Kraken's parent company, plans to bring onchain perpetual futures to US clients through Hyperliquid. Its [September 16 announcement](https://www.payward.com/press-release/payward-hyperliquid-onchain-perpetual-futures) says the proposed contracts remain subject to regulatory approval.

Under the design, Bitnomial would deploy and administer the markets, then clear and settle the contracts. NinjaTrader Clearing would carry customer accounts. Trading would be restricted to customers onboarded by NinjaTrader and included on both firms' allowlists.

## A public order book with restricted access

Hyperliquid's blockchain would match and record trades, while the named Payward entities would retain their regulatory responsibilities. A public blockchain would therefore host a market with controlled customer access.

The release announces an intended deployment, without supplying a trading start date. It does not establish that US customers can already use these proposed Hyperliquid markets.

The plan follows a separate product expansion: [Kraken recently added xStocks yield vaults](https://yielddispatch.com/news/a981957e-a647-45ae-9d07-1cd01eeba70d). Those vaults and the proposed derivatives markets serve different purposes and have separate availability conditions.

## Sources

- [Payward Intends to Bring Onchain Perpetual Futures to US Clients, Starting on Hyperliquid](https://www.payward.com/press-release/payward-hyperliquid-onchain-perpetual-futures) — Payward
- [Kraken xStocks vaults add DeFi yield to SPYx, QQQx and NVDAx](https://yielddispatch.com/news/a981957e-a647-45ae-9d07-1cd01eeba70d) — Yield Dispatch

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