Published Aug 24, 2026, 10:39 AM ET · Updated 3 months ago · 2 sources

NEW: In a comment letter published today, the Hyperliquid Policy Center urged the SEC and CFTC to adopt a harmonized framework for perpetual contracts. HPC argues perpetuals should be classified by their economic structure — not whether they track bitcoin, oil, or a stock — and says clearer rules could help bring the fast-growing market back onshore. $HYPE

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Original Report

NEW: In a comment letter published today, the Hyperliquid Policy Center urged the SEC and CFTC to adopt a harmonized framework for perpetual contracts. HPC argues perpetuals should be classified by their economic structure — not whether they track bitcoin, oil, or a stock — and says clearer rules could help bring the fast-growing market back onshore. $HYPE