Hyperliquid Lobbying Group Welcomes CFTC Approval of First Ever US Perpetual Contract, Says Regulation Recognizing Perp Market Value

BlockBeats News, May 29th, Hyperliquid lobbying organization Hyperliquid Policy Center published an article welcoming the latest regulatory measures by the U.S. Commodity Futures Trading Commission (CFTC), including the approval of the first-ever U.S.-listed perpetual contract, the release of a perpetual derivative listing policy statement, related interpretative guidance and a No-Action Relief letter, as well as a staff advisory on 24/7 trading, clearing, and settlement.

The Hyperliquid Policy Center stated that these measures mark the regulatory agency's first clear recognition of the legitimacy and importance of perpetual contracts in price discovery and risk management. It pointed out that past regulatory uncertainty had led market activity and liquidity to move overseas, undermining the U.S.'s competitiveness in the global derivatives market.

The Hyperliquid Policy Center also expressed its anticipation of deep collaboration with the CFTC to promote the establishment of a regulatory framework that applies not only to centralized intermediaries but also to on-chain protocols. Currently, most perpetual contract trading activity actually takes place in on-chain markets.