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Hyperliquid backs 24/7 crypto trading in CFTC comments submission

cryptoweekly by cryptoweekly
May 23, 2025
in bitcoin, News
0

Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading.

Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).

In a May 23 X post, Hyperliquid Labs announced that it has “submitted two comment letters to the [CFTC] in response to its recent Requests for Comment on perpetual derivatives and 24/7 trading.” The team behind the decentralized exchange (DEX) added:

Hyperliquid stated that it is committed to the advancement of the decentralized finance (DeFi) space. The team also claimed that its implementation “exemplifies how core DeFi principles can be put into practice to enhance market efficiency, market integrity, and user protection.”

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Recent Posts
  • Hyperliquid backs 24/7 crypto trading in CFTC comments submission
  • Why Tether refuses to comply with MiCA
  • Bitcoin buyer dominance at $111K suggests 'another wave' of gains
  • DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder
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