Hyperliquid Pushes For US Oil Perpetuals
Hyperliquid (@HyperliquidX) Policy Center and TradeXYZ have urged the CFTC to create a regulated path for oil perpetuals.
They want American traders to access these products under U.S. oversight.
The groups argue that traditional oil markets can not provide continuous risk management. They pointed to weekend supply shocks when traditional futures markets were closed.
The groups want perpetuals regulated alongside existing dated futures rather than replacing them.
They also urged the CFTC to clarify rules around business days and trading hours.
#CryptoNews
Hyperliquid (@HyperliquidX) Policy Center and TradeXYZ have urged the CFTC to create a regulated path for oil perpetuals.
They want American traders to access these products under U.S. oversight.
The groups argue that traditional oil markets can not provide continuous risk management. They pointed to weekend supply shocks when traditional futures markets were closed.
The groups want perpetuals regulated alongside existing dated futures rather than replacing them.
They also urged the CFTC to clarify rules around business days and trading hours.
#CryptoNews
