Hyperliquid Labs revealed today the details of two comment letters that it submitted to the U.S. Commodity Futures Trading Commission (CFTC) addressing perpetual derivatives and 24/7 trading regulations. Meanwhile, HYPE has hit an all time high of $37.34 with price trading $37.25 at the time of reporting. Hyperliquid Submit Letters to CFTC, What’s next? Hyperliquid Labs submitted two comment letters to the Commodity Futures Trading Commission in response to the regulator’s Requests for Comment on perpetual derivatives and 24/7 trading. The platform basically wanted to be a practical example of how decentralized finance principles can address regulatory concerns and also maintain market efficiency and user protection. The submission on 24/7 trading highlighted Hyperliquid’s operational capabilities. This includes continuous liquidity through pre-funded collateral that removes reliance on traditional banking infrastructure. The platform’s automated liquidation system continuously reassesses margin requirements with every trade and oracle price update. This also addresses collateral management... Read More at Coingape.comThe post Hyperliquid in Discussions With CFTC for U.S. Compliance As HYPE Price Hits New ATH appeared first on CoinGape.
KEYWORDS
trading commissionlabsderivatives tradingcoin gapetradingfuturescommodity futureshyperliquidcriptorperpetual derivativeshyperliquid labsrevealed detailsdetails commentpricefutures tradingsubmittedcommentcomment letterslabs revealedletterscftccommodity
Coin Gape1 min read
