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This is the direction I’ve been positioning for with hyperliquid:native and aster-2:native Equity perpetual futures can now begin trading on eligible U.S. exchanges registered with the CFTC and SEC. A major step toward bringing the perpetual model into mainstream American finance. Hyperliquid and Aster are already building at the forefront of that opportunity: expanding onchain trading beyond crypto and into global financial markets. Hyperliquid’s builder infrastructure and Aster’s growing range of markets point toward the same future. Traders want access to more assets, around the clock, with their capital working across a single trading ecosystem. Today’s announcement does not automatically authorize either platform to serve U.S. traders. But I see it as validation of the broader thesis: perpetual futures are becoming an increasingly important way to trade the world. The opportunity extends far beyond crypto. That is why my conviction in both remains so strong.

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