Hyperliquid Policy Center Pushes for Unified Regs on Perpetual Futures

The Hyperliquid Policy Center has urged the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to create a joint regulatory framework for perpetual futures.

The proposal suggests that regulators should classify these derivative contracts based on their economic structure, rather than the underlying asset they reference.

This approach would align with how traditional derivatives are regulated, where the focus is on the contract itself, not just the commodity or financial instrument it's tied to.