S&P Dow Jones Indices has formally licensed the S&P 500 to Commerce[XYZ], permitting the launch of the primary perpetual contract based mostly on the benchmark.
S&P Dow Jones Indices and commerce[XYZ] have joined forces to launch the primary official S&P 500 perpetual contract, obtainable solely on Hyperliquid.
For 69 years, the S&P 500 has been a defining reference level for international finance. Till now, entry to that benchmark has been…
— commerce.xyz (@tradexyz) March 18, 2026
Buyers can now commerce the S&P 500 24/7, which tracks the inventory efficiency of 500 main US firms, on Hyperliquid, utilizing institutional-quality S&P DJI knowledge. Not like conventional futures, these perpetual contracts don’t have any mounted expiry, letting merchants take leveraged lengthy or brief positions anytime they need.
In accordance with Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, the partnership broadens entry to S&P DJI’s key benchmarks in digital markets and reinforces the expectation that digital traders can depend on institutional-grade requirements.
“This collaboration expands entry and utility of our flagship benchmarks inside digital buying and selling environments. We consider digitally-native traders ought to demand the institutional-quality requirements that outline our indices, and we’re thrilled to work with Commerce[XYZ] to take action,” Drinkwater said.
XYZ is a number one on-chain buying and selling protocol that permits the creation and operation of perpetual markets for real-world property. It has rapidly grown into the biggest platform of its variety, with over $100 billion in buying and selling quantity since October 2025 and a projected annualized run price above $600 billion.
The XYZ protocol manages important market parameters like leverage, oracle sources, and listings, and markets are accessible through commerce[XYZ] or various interfaces.
In accordance with Collins Belton, Chief Working Officer and Common Counsel of Commerce[XYZ]’s father or mother firm, the partnership with S&P DJI makes the S&P 500 absolutely accessible on Hyperliquid, advancing XYZ’s mission to digitize the world’s most necessary markets.
“We developed XYZ with a imaginative and prescient of bringing the world’s most necessary markets on-chain,” Belton mentioned. “The S&P 500 is a pure place to begin. It represents essentially the most broadly tracked fairness index on earth and has been the defining benchmark for international equities for many years.”
The S&P 500 anchors a large international buying and selling ecosystem, with linked exposures throughout futures, choices, exchange-traded funds, and structured merchandise producing greater than $1 trillion in day by day quantity.
Disclosure: This text was edited by Vivian Nguyen. For extra data on how we create and overview content material, see our Editorial Coverage.
