HYPE Token Soars 15% Following Hyperliquid’s Regulatory Response

Hyperliquid, a decentralized finance (DeFi) platform, has taken a major step in shaping the future of cryptocurrency regulation in the United States. On May 22nd, the platform submitted its response to the CFTC’s request for comments on 24/7 trading and perpetual trading, demonstrating its dedication to navigating this evolving landscape. This action serves as a practical demonstration of how DeFi principles can address regulatory concerns while ensuring market efficiency and user protection.