CFTC Paves Way for Hyperliquid US Launch: Trump Announcement Sends HYPE Soaring

President Trump announced that the Commodity Futures Trading Commission (CFTC) is exploring a legal pathway for Hyperliquid, a blockchain-based perpetuals exchange, to operate in the U.S. This news sent shockwaves through the market, with Hyperliquid's native token HYPE surging 41% over the past week.

The CFTC has directed its staff to consider rules for non-registered crypto exchanges, which could potentially pave the way for Hyperliquid to launch in the U.S. This move is seen as a positive development by market participants, who view it as supportive of further increases in HYPE's value.

Hyperliquid's recent performance has been impressive, with its native token outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The market pricing for Hyperliquid reaching $100 by the end of 2026 has risen to 67%, indicating growing optimism among market participants.