The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Hyperliquid is challenging traditional finance by expanding its blockchain infrastructure to offer 24/7 perpetual futures trading for traditional asset classes. The platform currently commands 40% of onchain perpetual volume, generating $13.5 million in weekly fees as decentralized trading grew from 1% to 14% of centralized exchange volume. In response, the Hyperliquid Policy Center and Phantom have urged the U.S. CFTC to update its rulebooks and exempt protocol developers and non-custodial wallets from registration requirements designed for traditional intermediaries.