# Hyperliquid Tests Allowlist for Payward’s Planned U.S. Markets By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/41889 Published: 2026-10-27T17:23:41.000Z Updated: 2026-10-27T17:23:41.000Z Section: Technology > The optional HIP-3* control is running on testnet, while Payward’s proposed markets remain subject to regulatory approval. Hyperliquid has opened a testnet option that lets operators restrict trading on HIP-3 perpetual markets, giving Payward a way to pursue its proposed U.S. contracts if regulators approve them. Introduced Oct. 26, the optional setting lets a market deployer or its sub-deployers manage an onchain list of addresses allowed to trade. Existing HIP-3 markets will not change. Under Payward’s proposed arrangement, Bitnomial Exchange, LLC would create, own and administer the markets. Bitnomial Exchange is a Commodity Futures Trading Commission-regulated designated contract market; Bitnomial Clearinghouse, LLC, a separate entity, would clear and settle the contracts as a CFTC-registered derivatives clearing organization. NinjaTrader Clearing, a Payward entity registered with the CFTC as a futures commission merchant, would hold client accounts. The settings are available on testnet with preliminary specifications that may change after feedback. Hyperliquid plans to support them in a future network upgrade. No live-trading date or contract details have been announced. The testnet feature follows [Payward’s Sept. 16 plan for HIP-3 markets for eligible U.S. clients](), which remains subject to regulatory approval. ## Links in this article - [Payward’s Sept. 16 plan for HIP-3 markets for eligible U.S. clients](https://www.tokenpost.com/news/regulation/27539)