TREE NEWS reports: HYPE jumped 26.86% to $73.9, nearing its all-time high, after President Trump mentioned that the CFTC chairman is working to bring Hyperliquid into the US in a fully compliant manner. Hyperliquid’s policy center and trade.xyz have also proposed IPOP perpetual contracts to the SEC, aiming to establish on-chain pre-IPO pricing. The market sees Hyperliquid as a leading candidate for compliant on-chain trading, with potential pathways including partnerships with licensed entities.
HYPE Surges 26.86% as Trump Backs Hyperliquid’s US Compliance Push
AI take
The significance here is less the price move than the shift in how a US regulator is engaging with a decentralized venue: the CFTC chairman working to bring Hyperliquid in compliantly signals a possible template for other offshore perp DEXs. The IPOP proposal, meanwhile, hints at a broader ambition — on-chain pre-IPO pricing — that would put crypto infrastructure in direct competition with traditional listing venues. The open question is whether any of this moves past statements and proposals into actual licensing or approvals, and which licensed partners emerge.
Generated by AI for reference only.
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