The Intercontinental Exchange republished its announcement on Hyperliquid-based perpetual futures for the U.S. market today, hours after deleting the original post. The deletion triggered immediate speculation on X about whether the partnership with Trade[XYZ] was collapsing.

The reposted version emphasizes what the initial announcement downplayed: the launch remains subject to regulatory approvals. ICE's revised language states the exchange "plans to" introduce the perps markets rather than stating it as settled fact.

Hyperliquid is a purpose-built Layer 1 blockchain with its own BFT consensus mechanism, launched its native HYPE token via airdrop in November 2024. The protocol specializes in on-chain perpetual futures trading.

Regulatory clearance is the decisive variable. Until approvers move, there is no timeline. The deletion-then-repost cycle signals either internal legal review or external pressure to tighten the messaging—standard friction in any derivatives product touching U.S. regulation.