Hyperliquid becomes the weekend spot for Wall Street traders

Hyperliquid, the decentralised trading platform that is open 24/7, is attracting increasing attention from Wall Street traders. According to the Wall Street Journal, the platform is developing into a regular destination for investors who want to trade perpetual futures also at weekends and outside regular trading hours.

Hyperliquid is available on Bitvavo and Bybit.

From crypto to SpaceX: a broad range of contracts

What makes Hyperliquid so attractive is its varied offering. The platform offers contracts linked to Bitcoin, the S&P 500, crude oil and even pre-IPO assets such as SpaceX. This positions it not only as a crypto exchange, but as a broader playground for speculative trading in all kinds of assets. That breadth attracts traders who normally operate through traditional brokers, but who simply have nowhere else to go at weekends.

Hyperliquid’s growth as an after-hours venue fits a broader trend in which crypto infrastructure increasingly overlaps with traditional financial markets. For example, the CME Group recently also launched 24/7 crypto futures trading, and OpenSea announced perpetual contracts via Hyperliquid. The platform is thus growing into a hub for both crypto and traditional derivatives outside regular hours.

Accessible via VPN, but officially not for Americans

There is a caveat to the story: Hyperliquid is officially not accessible to US users. Nevertheless, that does not stop some users in restricted regions from accessing the platform via a VPN, according to the Wall Street Journal. This raises questions about regulatory compliance and how long this grey area remains tenable as the platform continues to grow.

The WSJ further states that Hyperliquid’s broad asset coverage is pushing the platform increasingly toward prediction markets and options. This makes the platform’s ambitions clear: it wants to be more than just a place for crypto perpetuals. Whether that works without officially allowing US users remains an open question. Those curious about what the platform has to offer can read more about that in the Hyperliquid review.