Something big happened on 3 November. CFTC Chair Michael Selig approved futures with no expiry date on single US stocks. It’s the first time US exchanges can offer them. The SEC and CFTC will share oversight. In short, crypto trading hours are heading to Wall Street. Crypto exchanges made this product popular, and traditional venues now want a piece of it.
This isn’t the first step. The CFTC approved a bitcoin version on Kalshi on 29 May. Markets didn’t panic this time. Bitcoin still slipped about 1% to near $77,200 that day. So traders are asking a fair question. Does crypto gain when Wall Street copies its tools?
Much of this trading already ran on Hyperliquid, a crypto exchange open 24/7. Traders flocked there when oil futures were closed over a weekend. That gap showed real demand for continuous access. Traditional exchanges have long shut on weekends. Investors often can’t react when news breaks.
Why 24/7 Crypto Trading Matters for Investors
Risk doesn’t follow office hours. News can land on a Saturday, yet many markets stay shut until Monday. Continuous contracts let investors hedge or exit straight away. Traders in different time zones can also share one market. That’s the core appeal of 24/7 crypto trading.
There’s a catch, though, and it’s scale. The crypto market is worth about $2.61 trillion. A 5% lift needs roughly $130 billion of fresh money. That 5% is the same for a $1,000 account or a $1 million fund. New contracts alone don’t guarantee the cash will arrive.
A 5% lift in the $2.61 trillion crypto market needs roughly $130 billion. [CNBC]
How Crypto Trading Hours Could Shift Market Liquidity
Continuous trading may change how crypto market liquidity behaves. Here’s what’s worth watching as the contracts launch.
- Weekend depth: Orders can meet at any hour. Liquidity may spread across the whole week instead of bunching on weekdays.
- Fee income: Traders pay a fee on every trade, and that’s how exchanges earn. More trading hours can mean more fee revenue.
- Venue competition: The source article argues the exchanges where trading happens may gain most. Every order pays them.
- Token links: HYPE, Hyperliquid’s token, traded under $4 at its 29 November 2024 launch. It hit a record $98 on 23 September 2026 as its 24/7 contracts grew.
Past gains don’t predict future returns. HYPE’s run doesn’t mean other exchange tokens will repeat it.
Why Fee-Free Exchange Pitches Need Scrutiny
The source article is promotional. It spotlights Pepeto, a token still in presale. Its claims are unverified, so treat them with care.
- Fee claim: Pepeto says PepetoSwap will charge 0.00% per swap. Network gas would be the only cost.
- Cost comparison: The article says a $1,000 trade costs $3 on Uniswap and $2.50 on PancakeSwap. It says the same trade costs $0 on PepetoSwap.
- Annual savings: It claims a daily trader making that trade would keep about $1,095 a year.
- Presale terms: The raise has passed $11.2 million. The token sells at $0.0000001904 this round, with a cap of 420 trillion and 160% APY for stakers.
- Development stage: A free bridge across five chains and an AI trade checker are still in development.
- Key risk: Presale tokens can lose all their value. The exchange doesn’t yet exist in finished form.
Also Read: Crypto Exchange Liquidity Explained Through Binance’s Latest Outflows
Frequently Asked Questions
Q1: What did the CFTC approve on 3 November?
A1: It approved futures with no expiry date on single US stocks. It’s the first time US exchanges can list them.
Q2: How Much Would Crypto Need to rise 5%?
A2: Around $130 billion, against a market worth about $2.61 trillion. And it’s the same 5% whether you hold $1,000 or $1 million.
Q3: How High Has HYPE Gone Since Launch?
A3: It opened under $4 on 29 November 2024. By 23 September 2026, it had hit a record $98.
Q4: Is Pepeto’s 0% Swap Fee Real?
A4: Pepeto says swaps will cost 0.00%, versus $3 on Uniswap for a $1,000 trade. Nobody has verified that, and the exchange is still being built.
Disclaimer:
This article is general information, not financial advice. Crypto is risky, and presale tokens like Pepeto can go to zero. The Pepeto numbers come from a promotional piece, and we haven’t verified them. HYPE’s run says nothing about what comes next. Regulators approving a product doesn’t lift prices. Talk to a licensed Australian financial adviser before you put money in.
