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Wall Street vs. Hyperliquid: 24/7 Market Battle

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CME Group's decision to offer 24-hour trading for its crypto futures and options from May 29 marks a significant step toward round-the-clock institutional access. With $3 trillion in notional volume in 2025 and a 46% year-to-date increase, CME's expansion signals growing demand from traditional finance. Meanwhile, ICE's NYSE is developing a tokenized securities platform for 24/7 operations, further blurring the line between crypto and traditional markets. This push by Wall Street giants directly challenges decentralized exchanges like Hyperliquid, which have dominated perpetual swaps trading. The outcome of this competition will determine whether centralized or decentralized infrastructure ultimately controls the future of 24/7 markets.

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