A Turkish crypto exchange is quietly rewriting what a regulated platform can look like. Paribu, the Türkiye-based digital asset platform, has repositioned itself as a multi-product, multi-asset investment app — and in doing so, it’s staking a claim no other regulated exchange has made: being the first to bring both Hyperliquid onchain perpetuals and Polymarket prediction markets inside a centralized exchange interface.
Not long ago, Paribu operated much like any other domestic crypto exchange — focused primarily on spot trading in a fast-growing but fragmented Turkish market. That description no longer fits.
The platform has rolled out DeFi access that spans three distinct product categories: DEX trading, Hyperliquid onchain perpetuals, and Polymarket prediction markets. Each of these represents a different corner of the decentralized finance world, and bringing all three under one regulated roof is a significant operational and compliance undertaking.
Hyperliquid has emerged as one of the most talked-about onchain derivatives protocols, known for its high-performance perpetual contracts executed directly on-chain. Polymarket, on the other hand, is a prediction market platform where users bet on real-world event outcomes — from elections to economic data releases. Neither is a typical offering for a regulated exchange operating under a national financial regulator.
The move signals that Paribu is not just expanding its product menu — it’s betting that regulated access to DeFi tools is itself a competitive differentiator in a market where most compliant platforms have stayed cautious.
Beyond crypto, Paribu is already taking names for its upcoming stock trading service. The company has opened a waitlist for users interested in trading equities, a step that reflects how seriously it is treating its multi-asset ambitions. The actual launch, however, depends on receiving a full operating license — which has not yet been granted.
Paribu’s most striking claim is one that, if accurate, sets it apart from every other compliant exchange operating today. The platform says it is the first regulated exchange to offer access to both Hyperliquid perpetuals and Polymarket prediction markets within a centralized exchange interface. That’s a narrow but meaningful distinction — it speaks directly to users who want the security of a regulated environment without giving up access to cutting-edge DeFi instruments.
For retail investors in Türkiye and potentially beyond, this matters. The typical trade-off in crypto has long been between safety and access: regulated platforms are safer but more limited, while decentralized protocols offer more tools but with more complexity and no consumer protections. Paribu is explicitly targeting that gap.
Whether competitors will follow is an open question. Integrating Hyperliquid and Polymarket within a CEX interface raises real questions about how compliance frameworks apply to onchain perpetuals and event-based markets — products that don’t map neatly onto traditional financial regulation. Paribu’s willingness to navigate that complexity first gives it a head start, but also puts it in uncharted regulatory territory.
Paribu’s brokerage arm has received establishment authorization from Türkiye’s Capital Markets Board — a formal regulatory milestone that clears the first hurdle toward becoming a fully licensed brokerage. It’s not a minor administrative step; authorization from Turkey’s capital markets regulator positions Paribu in a category of its own among domestic crypto firms.
The next stage is an operating license, which would allow Paribu to offer trading in stocks listed on the NYSE, Nasdaq, and Borsa Istanbul. That combination — American blue chips alongside the local Turkish exchange — reflects an ambitious scope. Most international retail brokerages pick one or the other. Paribu appears to be building toward both simultaneously.
The timeline for that license remains uncertain, which is why the stock trading feature is currently waitlist-only. But the establishment authorization already in hand suggests the regulatory relationship is active and progressing, not stalled.
What Paribu is building — a single regulated app spanning spot crypto, DeFi derivatives, prediction markets, and eventually global equities — would represent something genuinely uncommon in financial services. The harder question is whether Turkish regulators, and eventually international ones, will continue to accommodate that breadth as the platform grows. The operating license, whenever it arrives, will be the real test of how far that ambition can go.
Paribu has launched DeFi access covering DEX trading, Hyperliquid onchain perpetuals, and Polymarket prediction markets, all accessible within its centralized exchange interface.
Paribu is the first regulated exchange in Türkiye to offer access to both Hyperliquid perpetuals and Polymarket prediction markets within a centralized exchange interface, combining regulated compliance with advanced DeFi tools.
Paribu’s brokerage arm has received establishment authorization from Türkiye’s Capital Markets Board and is awaiting an operating license to trade stocks listed on NYSE, Nasdaq, and Borsa Istanbul.
Not yet. Paribu is opening a waitlist for stock trading while it awaits the necessary operating license from Turkish regulators.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.


