Hyperliquid News Seeks CFTC Approval for Regulated Energy Perpetuals
Hyperliquid News, a platform that offers energy perpetual contracts, has asked the Commodity Futures Trading Commission (CFTC) to approve regulated energy perpetuals in US markets. The company argues that these contracts can help businesses manage oil and gas price risk when traditional venues are closed during sudden market shocks.
The request comes after the CFTC began looking at perpetual contracts beyond digital assets. In May, the CFTC allowed the first perpetual contracts to trade as futures on a US exchange, but those contracts remained limited to digital asset underliers.
Hyperliquid News points out that energy perpetual contracts can work alongside dated futures rather than replace them. Unlike dated futures, perpetual contracts do not expire, allowing traders to keep exposure without moving from one contract month to another.