Hyperliquid Awaits CFTC Approval for US Market Entry

Hyperliquid is set to enter the US crypto perpetual futures market through a partnership with Payward (Kraken's parent) and Bitnomial, pending approval from the Commodity Futures Trading Commission.

The proposal has been under review for several months, but no launch date has been set due to regulatory changes that could take 10 to 12 months to complete.

Bitnomial operates under CFTC regulation, and Payward's acquisition of Bitnomial earlier this year provided a regulated path for US market access.