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

According to Odaily, Hyperliquid Policy Center stated that as an on-chain perpetual contract trading platform, Hyperliquid can provide a new model for market integrity and transparency. The organization claims that Hyperliquid makes all on-chain transaction records publicly available in real-time, which aids regulatory agencies and law enforcement in monitoring, identifying, and investigating activities, while also reducing the risk of insider trading and price manipulation.

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

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

Hyperliquid Policy Center, however, believes that round-the-clock trading actually enhances market efficiency, as price changes do not stop when traditional exchanges are closed. Continuous trading helps reduce gaps in trading sessions and improves price discovery.