Hyperliquid Pushes for Perpetual Futures in EU Markets Amid MiCA Consultation

Hyperliquid has made headlines by engaging with the European Commission regarding the Markets in Crypto-Assets Regulation (MiCA). According to Jake Chervinsky, Hyperliquid emphasized the importance of onchain finance and the need for access to perpetual futures. This move could have a significant impact on future regulations and expand opportunities in the EU market.

The European Commission initiated a review consultation on MiCA on May 20, 2026, allowing stakeholders until August 31, 2026, to provide feedback. Hyperliquid's input aligns with their goal of integrating the entire trading stack into their layer-1 blockchain environment. By advocating for perpetual futures in EU markets, they may pave the way for broader adoption and innovation in the region.

The current regulations under MiCA do not cover perpetual futures, limiting their availability. Traders should monitor the developments surrounding the MiCA consultation closely, as Hyperliquid's feedback may shape future regulations impacting onchain finance. The implications of these regulations could open up new trading opportunities, particularly in perpetual futures.