CFTC Pressured to Open Energy Perpetual Contracts

The Hyperliquid Policy Center (HPC) and trade[XYZ] have submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC), urging them to permit energy perpetual contracts in the market.

The proposal, which aims to expand trading options in energy markets, suggests using stablecoins as margin and recognizes the importance of on-chain infrastructure for trading and settlement.

The move comes amid mixed signals from the broader crypto market, with investors assessing the implications of regulatory changes on trading dynamics.