Hyperliquid & United States — United States Commodity Futures Trading Commission

Hyperliquid: Hyperliquid>>>, an offshore platform, faces increased competition and pressure from traditional financial actors as regulated perpetual futures become available in the United States>>> through Kalshi>>>.

United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission>>> approved the first regulated bitcoin perpetual futures contract in the U.S. and provided guidance for offshore crypto perpetual futures markets, establishing a regulatory framework for these products.

Hyperliquid: Hyperliquid>>> is the decentralized trading platform whose HYPE token is the underlying asset for the new ETFs. Its revenue model and growth are key drivers for institutional interest and the success of these investment products.

United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission>>> recently approved the first US-listed perpetual futures contract, which is seen as a step towards regulatory clarity for products like those offered by Hyperliquid>>>.