Odaily Planet Daily reports that the Hyperliquid Policy Center stated that, as an on-chain perpetual contracts trading platform, Hyperliquid can provide a new model for market integrity and transparency. The organization noted that Hyperliquid will publicly disclose all on-chain transaction records in real time, aiding regulators and law enforcement in monitoring, identifying, and investigating activities, while also reducing the risk of insider trading and price manipulation.
Previous reports indicated that ICE and CME have been in communication with U.S. regulators, urging the CFTC to strengthen oversight of Hyperliquid, citing the potential for market manipulation in global oil prices and other markets due to its 24/7 commodity trading.
Hyperliquid has experienced rapid growth in the commodities trading space, partly due to its support for non-traditional trading hours and weekend trading. This week, 21Shares and Bitwise launched ETFs linked to Hyperliquid, citing increased trading activity in oil and metals on the platform.
The Hyperliquid Policy Center believes that round-the-clock trading enhances market efficiency, as price movements do not halt due to traditional exchanges closing, and continuous trading helps reduce gaps between trading sessions and improves price discovery.