Hyperliquid Policy Center argues onchain perps offer efficiency, transparency as ICE and CME reportedly press for CFTC oversight
The Block
The Hyperliquid Policy Center defends its onchain derivatives model against pressure from ICE and CME for increased regulatory oversight.Summary
The Hyperliquid Policy Center is responding to reports that ICE and CME Group are lobbying the CFTC to regulate the onchain derivatives exchange Hyperliquid. While legacy exchanges argue that the platform poses risks to global oil price stability, the Hyperliquid Policy Center maintains that its 24/7 trading model improves market efficiency and that its real-time, onchain transaction records offer superior transparency, creating a deterrent against market manipulation.
(Source：The Block)