Hyperliquid Policy Center Submits Comment Letter to CFTC Urging Establishment of Decentralized Oracle Market Regulatory Framework

BlockBeats News, April 30, according to official sources, the Hyperliquid Policy Center (HPC) today submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC) in response to its proposed rulemaking on prediction markets (ANPRM). HPC pointed out that the current discussion mainly focuses on centralized prediction markets, but there should be further clarification on the regulatory framework for decentralized prediction markets built on a public, permissionless blockchain.

In its comments, the HPC called on regulators to establish a "function-driven, flexibly adaptable" rule system, allowing decentralized market structures to integrate into compliance pathways, provide legal access channels for U.S. market participants, and drive the United States to maintain a leading position in decentralized financial innovation. The organization believes that prediction markets can form a more efficient price discovery mechanism by aggregating dispersed information, and their informational value has been widely utilized in financial terminals and media platforms.

Furthermore, the HPC emphasized that prediction markets based on public blockchains have characteristics such as non-custodial, transparency, and high resilience, which help enhance market fairness, settlement security, and regulatory auditability. The HPC stated that it will continue to communicate with the CFTC and relevant agencies to enable U.S. users to access Hyperliquid and its HIP-4 event markets, and to provide regulatory certainty for the development of decentralized prediction markets in the United States.