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) has partnered to launch the primary official S&P 500 perpetual contract accessible completely on Hyperliquid.
For 69 years, the S&P 500 has been the definitive reference level in international finance. Till now, entry to that benchmark was…
— commerce.xyz (@tradexyz) March 18, 2026
Buyers can now commerce the S&P 500, which tracks the inventory efficiency of 500 main U.S. corporations, 24/7 on Hyperliquid utilizing institutional-quality S&P DJI knowledge. In contrast to conventional futures, these perpetual contracts don’t have any expiration date, permitting merchants to take leveraged lengthy or quick positions at any time.
Cameron Drinkwater, chief product and operations officer at S&P Dow Jones Indices, stated the partnership expands entry to S&P DJI’s main benchmarks in digital markets and reinforces the expectation that digital buyers can belief institutional-level requirements.
“This partnership expands the entry and utility of our flagship benchmark within the digital buying and selling surroundings. We imagine that digitally native buyers ought to demand institutional high quality requirements that outline our indexes, and we’re excited to work with Commerce (XYZ) to try this,” stated Drinkwater.
XYZ is the main on-chain buying and selling protocol that allows the creation and operation of everlasting markets for real-world property. It’s anticipated to be the quickest rising platform of its type, with transaction volumes exceeding $100 billion since October 2025 and an annual run charge of over $600 billion.
The XYZ Protocol manages necessary market parameters resembling leverage, oracle sources, listings, and so forth., and the market may be accessed through Commerce (XYZ) or different interfaces.
The partnership with S&P DJI will present full entry to the S&P 500 on Hyperliquid, advancing XYZ’s mission to digitize the world’s most necessary markets, stated Collins Belton, chief working officer and commerce basic counsel for XYZ’s (XYZ) dad or mum firm.
“We developed XYZ with the imaginative and prescient of bringing the world’s most necessary markets on-chain,” stated Belton. “The S&P 500 is a pure start line. It’s the most generally tracked inventory index on the planet and has been the definitive benchmark for international equities for many years.”
The S&P 500 helps a big international buying and selling ecosystem, with exposures throughout futures, choices, exchange-traded funds, and structured merchandise producing greater than $1 trillion in each day buying and selling quantity.
Disclosure: This text was edited by Vivian Nguyen. Please see our Editorial Coverage for extra data on how we create and assessment content material.
