Regulators Urged to Allow Energy Perpetual Contracts in US Market
The Hyperliquid Policy Center (HPC) and trade[XYZ] have submitted a joint comment letter to the U.S. Commodity Futures Trading Commission (CFTC), urging regulators to allow energy perpetual contracts in the U.S. market.
The proposal, which aims to establish regulated market access for crude oil and natural gas perpetual contracts, also calls for 24/7 trading and recognition of blockchain-based infrastructure for trading, clearing, and settlement.
HPC and trade[XYZ] recommend that stablecoins and tokenized traditional assets be permitted as margin for these contracts. This would provide a mechanism for integrating digital financial instruments into the proposed energy derivatives market.