Hyperliquid Labs has written two remark letters to the US Commodity Futures Buying and selling Fee (CFTC) in response to the latter’s latest Requests for Remark (RFC) on the regulation of perpetual derivatives and 24/7 crypto market buying and selling.
Hyperliquid Labs Feedback on CFTC’s Perpetual Swaps RFC
The next submit is from Hyperliquid Labs
Hyperliquid Labs is dedicated to the development of defi and its promise in delivering a extra open, clear, and environment friendly monetary system for all. As a contributor to the Hyperliquid blockchain, we imagine in defi’s potential not…
— Hyperliquid (@HyperliquidX) May 23, 2025
Hyperliquid Labs, a key contributor to the Hyperliquid blockchain, praised the Fee’s willingness to have interaction with rising applied sciences and provided a complete case for a way DeFi can improve market transparency, effectivity, and person safety.
Hyperliquid’s letters careworn upon the essential ideas that make DeFi compelling i.e., transparency, self-custody, composability, and open entry. The crew highlighted the USPs of on-chain perpetual derivatives, together with verifiable audit trails, sub-second finality, and user-controlled wallets that get rid of counterparty threat.
Crucially, Hyperliquid Labs advocated for a principles-based regulatory framework that evaluates threat profiles and safeguards shoppers with out stifling innovation by way of overly inflexible classifications.
Their regulatory engagement comes at a time when crypto ventures from leaders (for e.g., $TRUMP and $MELANIA memecoins) have garnered every kind of feedback from mainstream media. Lately, Senator Elizabeth Warren referred to as for better management of crypto, particularly following controversial crypto-related ventures involving public figures reminiscent of President Donald Trump. Warren, who additionally serves on the Senate Banking Committee, requested the US Workplace of Authorities Ethics and related regulatory our bodies to look at the authorized implications of such ventures.
Not like speculative memecoin initiatives which have prompted each criticism and scrutiny from lawmakers, Hyperliquid Labs says it affords a mannequin of how well-functioning, clear, and compliant DeFi corporations can contribute immensely to the US monetary system. With working infrastructure, real-time buying and selling, and clear operational logic, Hyperliquid has acknowledged that it stands as a counterpoint to the narrative that crypto is inherently dangerous or unregulated.
The transfer is in an effort to align with CFTC’s actions to form the crypto guidelines. In April, CFTC had requested public touch upon perpetual contracts and 24X7 crypto derivatives, together with these traits which can differ throughout merchandise.
Aside from Hyperliquid Labs,the Futures Trade Affiliation (FIA) too responded to CFTC’s request. FIA has additionally really useful that the Fee acquire enter from advisory committees, trade consultants, and the general public earlier than proposing formal guidelines. Additionally, the FIA raised issues in regards to the present self-certification course of, which permits exchanges to listing new perpetual merchandise with minimal management. They urged the CFTC to contemplate bringing in clear limitations and obligations for such merchandise and to codify them within the guidelines. This might guarantee correct compliance by way of established certification procedures.
Additionally Learn: US SEC and CFTC Restart Joint Crypto Advisory Committee
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