Odaily Planet Daily reports that the Hyperliquid Policy Center posted on X stating that perpetual contracts should be at the core of the U.S. Commodity Futures Trading Commission’s (CFTC) innovation agenda. The organization has submitted a statement regarding the CFTC’s Innovation Advisory Committee’s first meeting on August 20, noting that perpetual contracts are increasingly expanding beyond digital assets into traditional asset classes such as equities and commodities, with growing demand from U.S. market participants. Perpetual contracts effectively address risk management needs across diverse market participants—particularly suitable for airlines hedging fuel costs, investment funds managing portfolio exposures, and AI developers mitigating ongoing, open-ended risks such as computing power expenses. Unlike futures with fixed expiration dates, perpetual contracts eliminate the need for monthly rollovers and settlement issues, anchoring contract prices to underlying assets through periodic funding rates. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers cover more than 80 traditional commodity and equity markets, with cumulative notional trading volume exceeding $500 billion. This year, the CFTC has taken multiple steps to facilitate the adoption of perpetual contracts in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S., issuing policy guidance and continuous trading recommendations for perpetual contracts; in June, it solicited public comments on extending perpetual contracts to energy commodities and further consulted on computing power derivatives. Additionally, the Hyperliquid Policy Center believes that on-chain infrastructure can modernize the U.S. derivatives market within the existing regulatory framework. Public blockchains can transparently record market data, orders, and positions, continuously perform margin assessments programmatically, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The organization will continue providing relevant research and technical documentation to the CFTC Innovation Advisory Committee and its staff, and advocate for establishing a compliant pathway for U.S. market participants to access on-chain markets. The organization considers perpetual contracts one of the most significant financial innovations of the past decade and believes they should be further developed in the U.S. market.
Hyperliquid Perpetual Contracts Cover 80+ Traditional Markets, Notional Volume Exceeds $500B
KuCoinFlashShare
Summary
Hyperliquid perpetual futures now cover more than 80 traditional markets, with cumulative trading volume exceeding $500 billion. The platform has submitted a statement to the CFTC Innovation Advisory Committee, advocating for perpetual futures to be included in the regulator’s innovation agenda. Perpetual futures enable airlines and AI firms to hedge costs without requiring contract rollovers. The CFTC approved its first perpetual futures contract in May and is exploring expansion into energy commodities.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.