A Trade.xyz S&P 500 perpetual futures contract (crypto derivative without expiry) on Hyperliquid (decentralized perpetuals exchange) gained more than 1.5% after Trump said an Iran deal was largely negotiated and an announcement was expected shortly.
The S&P 500 perpetual futures contract (crypto derivative without expiry) by Trade.xyz on Hyperliquid (decentralized perpetuals exchange) rose more than 1.5%, according to the source. The move came amid news of a potential United States-Iran deal after Trump said the Iran deal was largely negotiated and that an announcement was expected shortly. The source links the price move directly to that geopolitical headline, highlighting how macroeconomic and political developments can quickly affect risk-sensitive trading instruments in crypto-linked derivatives markets.