Altcoins News

Story: Hyperliquid Champions 24/7 Crypto Trading in CFTC Submission as US Eyes Derivatives Expansion

By Sakamoto Nashi

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A big change is coming to crypto trading in the U.S., and decentralized exchange Hyperliquid is leading the charge. On May 23, Hyperliquid Labs sent official comments to the U.S.

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This move comes after the CFTC hinted that it might soon approve perpetual crypto futures, which could shake up how crypto derivatives work in America.

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Hyperliquid is a decentralized exchange built on its own blockchain, and it’s deeply committed to the ideas behind decentralized finance (DeFi).

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In their official comments, Hyperliquid pointed out that traders want nonstop access to crypto markets, especially for derivatives contracts that don’t expire—meaning people can…

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Traditional markets—like those for commodities or futures—only operate during set hours and close on weekends. Crypto, by contrast, has always been open 24/7.

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Perpetual futures are special because, unlike normal futures contracts, they never expire. They track the real-time price of cryptocurrencies using a system where traders pay…

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Hyperliquid argues that letting these contracts trade all the time under proper regulation would make the market more efficient, clear, and safer for investors.

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CFTC Commissioner Summer Mersinger recently said the regulator is close to approving crypto perpetual futures in the U.S.

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This could be a turning point in U.S. crypto rules—especially since many derivatives currently trade outside the country.

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Hyperliquid’s move happens amid a wave of activity in crypto derivatives. Big players like Coinbase just bought Deribit, a leading crypto derivatives exchange, and plan to expand…

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It’s clear that crypto derivatives are one of the hottest areas in both innovation and regulation right now.

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In their comments, Hyperliquid stressed that decentralized finance platforms can be great alternatives to traditional, centralized exchanges if done right.

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They also said 24/7 trading isn’t just convenient—it’s essential for staying competitive and serving users all over the world in different time zones.

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As the CFTC weighs the pros and cons of continuous crypto derivatives trading, input from innovators like Hyperliquid will be crucial in shaping the future of crypto markets in…

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Hyperliquid’s willingness to engage openly with regulators shows a growing trend: DeFi projects want to be part of the conversation, not stay in the shadows.

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