Ice ceo says hyperliquid bigger than nasdaq

May 29, 2026

Jeffrey Sprecher, chief executive of Intercontinental Exchange, described the decentralized crypto platform Hyperliquid as bigger than Nasdaq in trading activity during a May 27 conference appearance.

Sprecher made the remarks in a fireside chat with Bernstein analyst Chinedu Bolu. He highlighted Hyperliquid's small team of 11 people and its dominance of more than 70 percent of the decentralized perpetual futures market. The HYPE token has a market capitalization of roughly $15.1 billion, compared with Nasdaq Inc.'s $50 billion valuation as of May 28.

ሰዎች ምን እያሉ ነው

Reactions on X focus on ICE CEO Jeffrey Sprecher's claim that Hyperliquid exceeds Nasdaq in trading volume, praising its 24/7 operations and efficiency with a small team. Users note growing institutional interest and calls for regulatory parity. Some express skepticism about the comparison's validity. Discussions highlight price impacts on $HYPE and broader DeFi-TradFi shifts.

"It's bigger than Nasdaq." — Jeffrey Sprecher, founder of ICE (owner of the NYSE), on $HYPE

📌 Confirmed ICE and Hyperliquid are actively talking and learning from each other
📌 The institutional acceptance of Hyperliquid keeps building from outside crypto 👇 pic.twitter.com/HdqOPyLZ8P

— Gaz Explains 🌎 (@CryptoTubeYT) 29 ሜይ 2026

Hyperliquid bigger than NASDAQ yet run by just 11 people says ICE founder Jeff Sprecher

— Feyber | Learn AI (@woleswoosh) 29 ሜይ 2026

ICE（ニューヨーク証券取引所の親会社）のCEO、Jeffrey Sprecher氏が「HyperliquidはNASDAQよりも大きい」と公言。… https://t.co/NWn1fyFBHT

— LUCIAN｜AI × Blockchain (@lucianlamp) 30 ሜይ 2026

The CEO of the company that owns the New York Stock Exchange just called Hyperliquid bigger than Nasdaq.

hyperliquid:native printed a new all time high above $66 today, up 5%.

Jeff Sprecher runs ICE. He met the Hyperliquid team, said it is winning, and now he wants regulators… pic.twitter.com/W6dLPohyZb

— The Modern Market Show (@modernmarket_) 29 ሜይ 2026

ምንጮች

• https://decrypt.co/369497/nyse-parent-isnt-freaked-out-hyperliquid-learning-crypto-perps
• https://decrypt.co/369444/morning-minute-hyperliquid-is-bigger-than-nasdaq
• https://www.coindesk.com/markets/2026/05/29/ice-ceo-calls-hyperliquid-bigger-than-nasdaq-says-he-s-met-its-founders