A brief but pointed policy demand: the Hyperliquid Policy Center has publicly called on the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to coordinate and unify regulatory rules governing perpetual contracts.
The timing of this call is worth noting — Hyperliquid's multi-asset perpetuals business is expanding rapidly, drawing growing scrutiny from traditional exchanges. Inconsistent rules across regulators has long been cited as a recurring issue in the crypto derivatives market, and Hyperliquid has now chosen to put this demand on the table by naming both regulators at once.
For now, that's all the publicly available information — no concrete proposal details, timeline, or official response from the SEC or CFTC have emerged yet.





