Hyperliquid Wants In: Files for Approval to Sell Perps to US Traders
Hyperliquid has filed for regulatory approval to bring perpetual futures trading to customers in the United States, according to WatcherGuru. If greenlit, it would open a door American traders have largely been locked out of — and put a major crypto derivatives venue directly in front of US regulators.
Hyperliquid has filed for regulatory approval to offer perpetual futures trading to US customers, according to a post from WatcherGuru. The filing marks a direct push by the crypto derivatives platform into a market it has so far been unable to serve. No timeline or decision date was given.
Perpetual futures — perps, in crypto shorthand — are contracts that track an asset's price with no expiry date, and they've become one of the heaviest-traded products in crypto. Much of that volume has historically lived offshore, away from US oversight.
US customers have been the sticking point. American traders have been largely shut out of offshore perp venues, which typically geofence the country or block US users outright rather than tangle with regulators. A green light for Hyperliquid would change that equation.
What happens next is a regulatory review. WatcherGuru did not name which regulator Hyperliquid filed with, nor what the filing contained beyond the request to serve US customers. Until an approval lands, perps trading in the US stays out of reach.
TopicsHyperliquid · WatcherGuru
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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