Hyperliquid Labs has submitted formal comments to the U.S. Commodity Futures Trading Commission (CFTC), advocating for a regulatory framework that supports decentralized finance (DeFi).
Hyperliquid Labs' Call to CFTC
Hyperliquid Labs has submitted official comments in response to recent CFTC requests regarding the future of continuous markets and the role of perpetual derivatives in digital finance.
Benefits of Decentralized Platforms
In its submission, Hyperliquid Labs highlighted how decentralized platforms are already delivering real-world benefits like increased efficiency, transparency, and user protection without relying on centralized intermediaries. They pointed to their own blockchain infrastructure as a prime example of next-generation market design, which operates continuously.
Future of Perpetual Derivatives
Hyperliquid underscored the significance of perpetual derivatives as an innovation within crypto markets, explaining that on-chain implementation ensures full transparency and enhances user control. The firm urged regulators to adopt a principles-based approach focused on risk management, transparency, and consumer protection.
Hyperliquid Labs emphasizes the importance of supporting decentralized finance and aims to create a more efficient financial system for all. Their comments to CFTC open up new discussions regarding the role of decentralized technologies in the financial world.
