Hyperliquid responds to regulatory pressure, stating on-chain perpetual contracts are more transparent and efficient

Odaily Planet Daily News Hyperliquid Policy Center stated that Hyperliquid, as an on-chain perpetual contract trading platform, can provide a new model for market integrity and transparency. The institution claims that Hyperliquid publicly discloses all on-chain transaction records in real time, which helps regulatory agencies and law enforcement departments with monitoring, identification, and investigation, while also reducing the risks of insider trading and price manipulation.

Previously, reports indicated that ICE and CME are communicating with US regulators, requesting the CFTC to strengthen oversight of Hyperliquid, citing that its 24/7 operation of commodity trading could pose manipulation risks to markets such as global oil prices.

Hyperliquid has recently seen rapid growth in the commodity trading sector, partly due to its support for non-traditional trading hours and weekend trading. This week, 21Shares and Bitwise also launched ETFs related to Hyperliquid, mentioning the increased trading activity in oil and metals on the platform.

The Hyperliquid Policy Center, however, argues that round-the-clock trading actually improves market efficiency because price changes do not stop when traditional exchanges close. Continuous trading helps reduce gaps in trading sessions and improves price discovery.