CME Group Chairman and CEO Terry Duffy said at a CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a material impact on the U.S. market. trade.xyz is a major market maker on the Hyperliquid chain, focusing on perpetual contracts such as equities, commodities, and Pre-IPO, with trading volume accounting for a significant share of Hyperliquid.
Duffy has previously repeatedly raised concerns in public about leverage and regulatory issues related to such offshore platforms. At this meeting as well, there were discussions of manipulation risks regarding certain self-certified exchange-traded prediction market contracts. These remarks came from publicly available meeting information; whether specific regulatory actions will be pursued remains to be seen.
For market observation only and does not constitute investment advice.
#监管 #Hyperliquid #on-chain contract
Duffy has previously repeatedly raised concerns in public about leverage and regulatory issues related to such offshore platforms. At this meeting as well, there were discussions of manipulation risks regarding certain self-certified exchange-traded prediction market contracts. These remarks came from publicly available meeting information; whether specific regulatory actions will be pursued remains to be seen.
For market observation only and does not constitute investment advice.
#监管 #Hyperliquid #on-chain contract