Hyperliquid and Multicoin Push CFTC Toward Prediction Market Rulebook

The US Commodity Futures Trading Commission (CFTC) has received comments from Hyperliquid Policy Center and Multicoin Capital on its proposed prediction market framework. The two entities expressed support for the agency's proposal but requested two changes that could impact how on-chain event contracts are designed and approved.

The joint filing, submitted on July 27th, highlighted industry engagement in crypto and DeFi rulemaking. It emphasized the importance of regulatory clarity, approval pathways, and design constraints for prediction markets and other on-chain contracts.