Hyperliquid Seeks CFTC Approval for Regulated US Energy Perpetual Contracts
The Hyperliquid Policy Center (HPC) has filed a joint comment letter with the Commodity Futures Trading Commission (CFTC), asking for approval to launch regulated energy perpetual contracts in the US.
According to HPC, these contracts could help businesses manage oil and gas price risk during sudden market shocks. They would also provide traders with 24/7 access to energy markets, which is particularly useful during weekends or times of global disruptions, such as the recent Middle East conflict.
The request comes after the CFTC began looking at perpetual contracts beyond digital assets. In June, the Commission requested comments on energy perpetual contracts tied to physically delivered, storable commodities.
Hyperliquid argues that their perpetual contracts could 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.