• Hyperliquid said calls from global derivatives exchanges for tighter regulation were completely baseless.
  • Hyperliquid said all trading records are disclosed on-chain in real time, helping deter market manipulation and illegal activity while making market surveillance easier.
  • Hyperliquid said its market efficiency comes from operating 24 hours a day, 365 days a year, and while acknowledging limits in the U.S. legal framework, it said it would work actively with Washington policymakers.

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Photo: Hyperliquid
Photo: Hyperliquid

Hyperliquid has pushed back against calls from global derivatives exchanges for tighter regulation.

On May 15, the Hyperliquid Policy Center rejected concerns raised by traditional financial institutions including CME Group and Intercontinental Exchange that it could disrupt commodities derivatives markets, calling the claims “completely baseless.”

Hyperliquid said its system instead creates the worst possible environment for market manipulators. All trading records are fully disclosed on-chain in real time, it said, and that transparency not only deters illegal activity but also makes market surveillance easier for regulators and law enforcement.

The platform also touted the efficiency of a market that operates 24 hours a day, 365 days a year. With prices continuing to move on weekends and overnight when traditional exchanges are closed, Hyperliquid said it removes trading gaps and significantly improves price discovery for market participants.

Hyperliquid also acknowledged that criticism of the current U.S. legal framework is valid, saying the system is not yet fully suited to derivatives markets built on public blockchains. Even so, it said it would work actively with policymakers in Washington to help bring on-chain markets fully within the regulatory perimeter.



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