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

Odaily Odaily reported that the Hyperliquid Policy Center stated on the X platform that some traditional exchanges' concerns about the integrity and influence of Hyperliquid's perpetual contract market, as reported by Bloomberg, are "unfounded." Hyperliquid achieves market transparency through a fully on-chain record, where every transaction is publicly available in real-time, traceable, and immutable. This mechanism significantly reduces the potential for insider trading and price manipulation while aiding regulatory bodies and law enforcement agencies in monitoring, identifying, and investigating activities.

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

On the issue of regulation, Hyperliquid pointed out that the current US legal system has not yet fully adapted to the public chain-based derivatives market structure. However, it expressed its welcome and eagerness to collaborate with policymakers in Washington to gradually integrate on-chain markets into the regulatory framework.