Hyperliquid, a decentralized exchange for perpetual futures, is requesting the CFTC and SEC to allow regulated firms to use its blockchain for US derivatives trading. Currently, US users are blocked from the platform, but Hyperliquid's policy group is working with regulators to clarify rules that would enable onchain perpetual futures markets. This move is significant because perpetual futures are not covered by the CLARITY Act and fall into a regulatory gray area, with the CFTC recently showing openness to new contracts. If approved, access would likely come through regulated third parties rather than Hyperliquid directly opening to US users, reflecting a cautious approach amid a declining futures market volume.
Hyperliquid, a decentralized exchange focused on perpetual futures, is lobbying to allow U.S.-regulated firms to offer its no-expiry derivatives on their blockchain. This follows new Commodity Futures Trading Commission (CFTC) rules that have opened ...
A major Hyperliquid whale sold 923,743 HYPE tokens worth $53.02 million, adding to previous sales totaling 1.95 million HYPE worth about $110.46 million. Despite this heavy selling, HYPE showed signs of bullish momentum with technical indicators sugg...
A cryptocurrency investor lost about $550,000 in USDC after falling victim to a phishing scam using a fraudulent Google search ad for Hyperliquid. The scam redirected the user to a fake website mimicking Hyperliquid, compromising sensitive informatio...
Hyperliquid reported a 250% increase in net income for Q2, reaching $30.95 million, alongside a 175% rise in adjusted EBITDA to $53.65 million. This strong financial performance supports a bullish trend in the HYPE token, which is also seeing increas...
Hyperliquid allows external market builders to keep half of trading fees through its HIP-3 system, but Kain Warwick, founder of Synthetix, calls this 50% split "a bit crazy" and predicts it will be reduced. Despite growing volumes, Hyperliquid's reve...
