The Hyperliquid Policy Center, the new U.S.-based advocacy group led by prominent crypto industry lawyers and lobbyists, argued that Hyperliquid offers a new model for market integrity and transparency in response to a Bloomberg report alleging that Intercontinental Exchange and CME Group are pressing the Commodity Futures Trading Commission to rein in their upstart blockchain-based competitor.
On Friday, Bloomberg reported that ICE and CME, the world’s largest energy exchanges, have been holding conversations on the Hill about the alleged risks Hyperliquid presents, particularly related to the manipulation of global oil prices.
Hyperliquid, the onchain perps exchange, has become an increasingly popular venue for commodities trading, in part because it operates in off-market hours and on the weekend. This week, 21Shares and Bitwise launched ETFs tied to Hyperliquid
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