HYPE Jumps as Trump Says CFTC Is Working on US Hyperliquid Launch
President Donald Trump revealed that CFTC Chair Mike Selig is helping bring decentralized platform Hyperliquid to the US legally.
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Key takeaways
- President Trump announced efforts to bring Hyperliquid to the United States.
- CFTC Chair Mike Selig is working to establish a fully compliant regulatory path.
- Hyperliquid's native token HYPE surged following the president's statements.
Hyperliquid's native token HYPE rallied after President Donald Trump announced that federal regulators are laying the groundwork to bring the trading platform to the United States.
Trump stated that Commodity Futures Trading Commission (CFTC) Chair Mike Selig is directly working to clear a path for Hyperliquid to operate domestically in a "fully compliant and legal fashion." The effort aims to integrate the high-volume trading protocol right into the regulated U.S. financial system.
Why it matters
American traders have long been locked out of offshore decentralized perpetual platforms due to regulatory restrictions. If the CFTC creates a legal framework for Hyperliquid, it could unleash significant U.S. capital into the network while setting a fresh template for how DeFi platforms interact with federal law. That's a major regulatory shift for traders who hold HYPE or use decentralized exchanges.
Source: The Block
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Priya Nair
Priya covers the AI side of crypto — agent tokens, decentralised compute and where the two industries actually meet.
