Hyperliquid Policy Center Responds to Bloomberg Report: On-Chain Perpetual Markets Are More Transparent and Efficient, Calls for Inclusion in Regulatory Framework

Odaily reported that the Hyperliquid Policy Center stated on the X platform that some traditional exchanges have expressed concerns about the integrity and influence of Hyperliquid's perpetual contract market in a Bloomberg report, calling these concerns "unfounded." Hyperliquid achieves market transparency through fully on-chain records, with every transaction publicly available in real-time, traceable, and immutable, significantly reducing the potential for insider trading and price manipulation, and aiding regulatory and law enforcement agencies in monitoring, identifying, and investigating activities.

Additionally, Hyperliquid emphasized that its 24/7 trading mechanism significantly enhances market efficiency, allowing prices to continuously reflect information changes even when traditional exchanges are closed. This reduces price gaps and liquidity disruptions caused by fragmented trading sessions, thereby optimizing overall price discovery functions.

Regarding regulatory issues, Hyperliquid pointed out that the current U.S. legal framework has not yet fully adapted to the structure of public chain-based derivatives markets. However, it expressed a welcome and eagerness to cooperate with policymakers in Washington to gradually incorporate on-chain markets into the regulatory framework.