Hyperliquid Policy Center Responds to Bloomberg Report: On-Chain Perpetual Markets Offer Greater Transparency and Efficiency, Calls for Inclusion in Regulatory Framework

Odaily Planet Daily News Hyperliquid Policy Center stated on the X platform that some traditional exchanges have expressed concerns about the integrity and influence of the Hyperliquid perpetual contract market in a Bloomberg report. Hyperliquid claims these concerns are "unfounded," emphasizing that its market achieves transparency through a fully on-chain record. Every transaction is publicly available in real-time, traceable, and immutable, significantly reducing the potential for insider trading and price manipulation while aiding regulatory agencies and law enforcement in monitoring, identification, and investigation.

Furthermore, Hyperliquid highlighted that its 24/7 trading mechanism significantly enhances market efficiency. It allows prices to continuously reflect information changes even during traditional exchange closing hours, reducing price gaps and liquidity fragmentation caused by segmented trading sessions, thereby optimizing overall price discovery functions.

Regarding regulatory issues, Hyperliquid pointed out that the current U.S. legal system is not yet fully adapted to the structure of derivative markets based on public blockchains. However, it stated that it welcomes and looks forward to collaborating with policymakers in Washington to gradually bring on-chain markets into the regulatory framework.