Hyperliquid Launches GRAM Perpetual Futures Following Community Demand
Hyperliquid has listed GRAM perpetual futures with up to 5x leverage, giving traders their first high-performance decentralized venue to hedge exposure to The Open Network's newly rebranded native token.
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Hyperliquid Adds GRAM Perps After Sustained Community Requests
@HyperliquidX has officially listed $GRAM perpetual futures, allowing traders to go long or short on the asset with up to 5x leverage. The listing follows a sustained wave of community requests as the token gained volume across major global venues including @Official_Upbit and @Binance.
The move gives traders their first high-performance decentralized venue for hedging $GRAM exposure. Hyperliquid is a Layer 1 blockchain known for its fully onchain order book and perpetual futures exchange, where every order and liquidation is executed and settled transparently onchain.
What Is GRAM and Why Does It Matter Now
The timing of the listing is closely tied to a significant rebrand on @Ton_blockchain. On June 15, 2026, the token formerly known as Toncoin was officially renamed Gram, with the ticker switching from TON to GRAM after a community governance vote passed with 81.22% support. The blockchain itself retains the name The Open Network.
The rebrand was a pure branding update covering name, ticker, and logo only. There was no new contract, no token swap, and no migration step of any kind. All $TON balances converted to $GRAM automatically at a 1:1 ratio, with no action required from holders.
The name Gram carries historical weight. The Gram rename is step four of Pavel Durov's Make TON Great Again roadmap, with Telegram now serving as the network's primary operator and largest validator. Gram was the original token name chosen in TON's 2018 whitepaper before U.S. regulatory pressure forced the project to pause and restructure under community leadership.
With $GRAM now trading at scale across centralized venues and the rebrand fully live, Hyperliquid's listing provides a decentralized derivatives layer for traders seeking to hedge or speculate on the asset without relying on custodial infrastructure.
Sources
Hyperliquid overview, CoinMarketCap
GRAM rebrand guide, MEXC News
Toncoin to GRAM rebrand explained, SpotedCrypto
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UC HopeUC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.