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HYPE token jumps 19% after Trump says CFTC is aiding Hyperliquid's U.S. market entry

Market News
20 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

The HYPE token surged over 19% following President Trump's announcement that the Commodity Futures Trading Commission (CFTC) is working to bring Hyperliquid, a perpetual futures trading platform, into the U.S. market in a compliant manner. Currently operating offshore and excluding U.S. traders, Hyperliquid's entry would require regulatory compliance with U.S. laws. The announcement came during a White House cryptocurrency summit attended by major industry leaders. The CFTC's upcoming meeting will discuss integrating offshore platforms like Hyperliquid into U.S. regulations, signaling potential growth and formalization of crypto derivatives trading in the U.S.

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