Contributor
HPC advocates for regulations that allow Americans to access onchain markets, including those for perpetual futures. Our goal is to ensure that end users in the U.S. derivatives markets can benefit from innovative technologies and novel products such as these.
Today, HPC and Phantom filed a joint comment in response to the CFTC’s request for information to carry that distinction into onchain markets. We support the Commission’s decision to examine whether its rules remain fit-for-purpose as financial technology evolves, and write to recommend that it tailor its rules so that developers can build, registrants can modernize, and regulation falls on the firms actually performing regulated financial activities.
Today, HPC filed a comment letter with the Commodity Futures Trading Commission (“CFTC” or “Commission”) in response to its Advance Notice of Proposed Rulemaking on Prediction Markets (the “ANPRM”).
Hyperliquid represents the next era of market evolution.
Americans taking to the markets to express their views on major events is nothing new. For decades before political polling existed, Americans were able to trade openly on organized markets for presidential races in the United States, and they enjoyed prices that were widely regarded as the most accurate election forecasts of their day. These markets allow Americans to trade on everything from Federal Reserve rate decisions to election outcomes, and the financial industry has noticed: major exchanges and Wall Street trading firms are moving into the space.
