Hyperliquid Policy Center, the policy advocacy arm tied to decentralized exchange Hyperliquid, and third-party market maker TradeXYZ jointly submitted a comment letter to the U.S. Commodity Futures Trading Commission on Aug. 26. In the filing, they called for a regulatory framework that would allow crude oil and natural gas perpetual futures to trade in regulated U.S. markets. The two parties also said they support 24/7 trading. TradeXYZ has recorded more than $500 billion in cumulative trading volume. According to CoinPost, the letter is intended to encourage the CFTC to recognize and establish a compliant framework for energy perpetual futures trading, with the stated goal of improving market efficiency and access.
Hyperliquid Policy Center, the policy advocacy arm tied to decentralized exchange Hyperliquid, and third-party market maker TradeXYZ jointly submitted a comment letter to the U.S. Commodity Futures Trading Commission on Aug. 26, calling for a framework that would allow crude oil and natural gas perpetual futures to trade in regulated U.S. markets.
The two parties also said they support 24/7 trading. TradeXYZ has generated more than $500 billion in cumulative trading volume.
According to CoinPost, the letter is aimed at urging the CFTC to recognize and establish a regulatory framework that would permit energy perpetual futures to trade in compliant markets, with the goal of improving market efficiency and access.
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